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25 Céntimos El Toboso

Issuer Consejo Municipal de El Toboso
Year 1937
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Currency Peseta (1936-1939)
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Obverse description Printed in black on salmon-pink card stock, the face is typeset in a plain letterpress style with the issuer name 'Consejo Municipal' in large bold type across the top, followed by the promise-to-pay legend 'Pagará al portador' centred above the denomination. The numeral '25' is set within a bold striped rectangular block at centre, flanked on each side by a dotted rectangular ornamental border device, with 'CENTIMOS' in spaced capitals below and the place and date 'El Toboso, Junio de 1937' in italic script at the foot.
Obverse lettering Consejo Municipal
Pagará al portador
25
CENTIMOS
El Toboso, Junio de 1937
(Translation: Municipal Council / Will pay the bearer / 25 / Centimos / El Toboso, June 1937)
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Comments

El Toboso, a small Castilian municipality in Toledo province, issued its own emergency fractional currency during the Civil War because the Republic's small-change crisis had rendered everyday commerce nearly impossible by mid-1937. Coins had vanished from circulation — hoarded, melted, or simply lost to the chaos — and the central government could not supply sufficient low-denomination notes to the provinces fast enough. Hundreds of Spanish municipalities responded the same way, printing their own vales and billetes de necesidad under loose authorization from the Republican government.

The thick card stock construction is characteristic of municipal issues from this region, where proper banknote paper was simply unavailable. Gari Mon catalogues this as a single type with no known varieties.

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