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5 Pesetas Velilla de Ebro

Issuer Consejo Municipal de Velilla de Ebro
Year 1937
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Shape Rectangular
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Obverse description Printed in blue, the note is framed by a geometric border with the emblem of the Regional Defence Council of Aragon at left, set before two water mill wheels rendered as a central vignette. Letterpress text carries the full municipal authority inscription and date of issue, arranged within the framing.
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Reverse description Printed in blue with a geometric border, the reverse carries a green panoramic vignette of the town as a background underprint. The denomination and issuing authority appear in letterpress text over the vignette.
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Comments

Velilla de Ebro is a small Aragonese municipality on the Ebro river, and like hundreds of Spanish towns during the Civil War, its local council issued emergency fractional currency when Republican-zone coinage effectively disappeared from circulation — hoarded, melted, or simply gone. These consejo municipal emissions were authorized under a 1936 decree permitting local governments to print their own paper money, a measure born of necessity as the banking system fractured along front lines.

The Gari Montalvo census documents this emission as a single-note series, which suggests very limited printing. Small-town Aragonese issues from 1937 are among the least-documented of the war's local currencies.

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