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5 Céntimos Santes Creus, Sindicat Agrícola

Issuer Sindicat Agrícola de Santes Creus
Year 1937
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Currency Peseta (1936-1939)
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Obverse description Pink card stock printed in dark brown letterpress. The issuer's name is set in three lines of uppercase text across the upper portion — "SINDICAT AGRICOLA / DE / SANTES CREUS" — separated from the denomination line below by a short horizontal rule. The face value is expressed in the lower half as "Val 5 cts.", with the numeral rendered in a larger typeface than the surrounding text.
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Reverse description Plain pink card stock, entirely unprinted, showing the natural texture of the thick paper substrate with no text, vignette, or decorative elements. The reverse bears an oval rubber validation stamp, though it is not visible on this example.
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Comments

Sindicat Agrícola de Santes Creus was one of hundreds of Catalan agricultural cooperatives and local bodies that printed their own fractional emergency currency during the Civil War after the Republican government's chronic shortage of small-denomination coinage left everyday retail transactions nearly impossible. These vales — issued in 1937 at the height of collectivization in the Catalan countryside — circulated only within the trust network of the issuing body, redeemable in theory against the cooperative's accounts.

The thick card construction was deliberate: thinner paper degraded rapidly in daily handling, and these notes were never meant to travel far or last long. Most didn't.

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