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5 Axarquillos La Axarquía

Issuer Mancomunidad de Municipios de la Axarquía
Year 1989
Type Local coin
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Obverse script Latin
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Reverse lettering ESPAÑA 5 AXARQUILLOS
(Translation: Spain)
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Additional information

The Mancomunidad de la Axarquía is a municipal federation covering the comarca east of Málaga, and this piece belongs to a short-lived wave of Spanish local emergency and commemorative scrip that flourished briefly in the late 1980s as certain regional bodies experimented with sub-national monetary instruments ahead of deeper EU integration. The "axarquillo" denomination was invented whole cloth for this issue — it circulated, if at all, only symbolically within participating municipalities.

Sterling silver for a five-unit local token is a deliberate choice, not an accident of procurement.

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