3 Pesetas Benisa

Benisa is a small coastal town in Alicante province, and like dozens of Valencian municipalities during the Civil War, its local trade union — here the UGT commerce and office workers' syndicate — issued its own emergency fractional currency when Republican Spain's coinage supply collapsed entirely. These hyper-local notes functioned on pure social trust: accepted by shopkeepers who answered to the same syndicate, worthless two streets outside town.

The Gari Monet catalogue documents hundreds of such issues, and the Benisa UGT notes are among the less commonly encountered ones, reflecting the syndicate's limited membership base rather than any dramatic wartime event.