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| 表面の説明 | Plain white field enclosed by a rope-style guilloche border printed in black letterpress. The issuing authority CONSEJO MUNICIPAL is set in bold capitals across the upper portion, flanked to either side, with ELCHE (ALICANTE) in large display type at centre. Below, the emission date Emisión acordada 15 octubre 1937 is inscribed in a single line, with the designation ALCALDE - PRESIDENTE beneath it. The denomination 25 CENTIMS. appears at lower left and 25 céntimos at lower right. |
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| 表面の銘文 | CONSEJO MUNICIPAL ELCHE (ALICANTE) Emisión acordada 15 octubre 1937 ALCALDE - PRESIDENTE 25 CENTIMS. 25 céntimos (Translation: Municipal Council Elche (Alicante) Issuance agreed on October 15, 1937 Mayor - President 25 Centimos 25 Centimos) |
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One of hundreds of locally issued emergency notes produced across Republican-held Spain during the Civil War, when the hoarding of coins created a severe small-change shortage that the central government was too stretched to address. Municipal councils, cooperatives, and even some private businesses filled the gap themselves. Elche, a mid-sized town in Alicante province, issued its own fractional currency under this authority for day-to-day retail transactions.
The only security measure was an official municipal stamp — a practical concession to the improvised nature of the entire series. Forgery was a real concern with locally printed notes, though the limited geographic circulation offered some natural protection.