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25 Céntimos Crevillente, Cooperativas Textil y Alpargatera
| Issuer | Cooperativas Textil y Alpargatera de Crevillente |
|---|---|
| Year | 1937 |
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| Currency | Log in to see details |
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| Printer | Imprenta La Gráfica, Elche, Spain |
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|---|---|
| Obverse lettering | Cooperativas Textil y Alpargatera pagarán al portador Veinticinco Céntimos Crevillente 1 Julio 1937 25 (Translation: Textile and Espadrille Cooperatives will pay the bearer Twenty-five Centimos Crevillente, July 1, 1937) |
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| Reverse lettering | Nº 11935 C-T-A VEINTICINCO céntimos LA GRÁFICA.-ELCHE (Translation: No. 11935 Cooperativas Textil y Alpargatera. Twenty-five Centimos. La Gráfica, Elche) |
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| Comments |
During the Spanish Civil War, the near-total collapse of small-denomination coinage across Republican-held territory forced an extraordinary range of local entities — cooperatives, municipalities, trade unions, even individual businesses — to print their own emergency fractional currency. Crevillente's textile and espadrille cooperatives issued jointly, which itself reflects the town's industrial character: the area around Crevillente had been a center of esparto grass weaving and footwear manufacture for generations.
Printed by La Gráfica in nearby Elche, these local vales were redeemable only within the issuing cooperative's own commercial network, making survival outside that closed economy largely a matter of chance.