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5 Pesetas Lécera

Issuer Lécera, Municipality of
Year 1937
Type Emergency banknote
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Obverse description Letterpress-printed note in black ink on plain paper, enclosed within a geometric rectangular border frame. The emblem of the Regional Defence Council of Aragon appears to the left, accompanied by the issuing authority designation and the full text of the bearer obligation, with the date and place of issue set in the lower portion of the field.
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Reverse description Plain unprinted paper reverse bearing a single hand-applied oval validation stamp in blue-violet ink, struck centrally. The stamp reads 'COLECTIVIDAD LIBRE' around the perimeter and 'COMITÉ ADMINISTRATIVO' within the oval, with 'LÉCERA' inscribed at the base, serving as the mandatory authentication required by the obverse text.
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Comments

Lécera is a small municipality in Zaragoza province, and in 1937 it sat directly in the contested zone between Republican and Nationalist-held territory during the Aragón front campaign. Local emergency paper issues like this one were a practical necessity — the flight of coin and the disruption of normal banking supply left municipalities with no choice but to print their own low-denomination scrip to keep local commerce functioning.

The Gari Montaner catalog remains the primary reference for these Aragonese municipal emissions, many of which survive in tiny quantities. The validation stamp is the sole security measure, which was typical of hastily authorized local issues where printing infrastructure was whatever happened to be available.

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