5 Pesetas Molinos

Molinos is a small municipality in the Maestrazgo region of Teruel, Aragon — Republican territory during the Civil War. When the central money supply broke down in 1936–37, hundreds of Aragonese villages issued their own paper through local collectives, most of them affiliated with the anarcho-syndicalist CNT. The Colectividad Nueva Aurora — "New Dawn Collective" — was one of these, and this 5 peseta note was almost certainly the highest denomination they printed.

Village scrip of this type circulated only within the issuing community and became worthless once Francoist forces took Aragon in mid-1938. Survival rates are low; most were discarded or burned after the collapse.