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50 Céntimos Argençola

Issuer Ajuntament d'Argensola (Municipality of Argensola)
Year 1937
Type Emergency banknote
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Obverse description Letterpress-printed on speckled pink card stock, the face carries a simple but bold typographic layout enclosed within a dashed rectangular border. The issuing authority name 'AJUNTAMENT D'ARGENSOLA' is set in two lines of bold block capitals across the upper half, with the denomination '50 CTS.' rendered in large bold numerals and lettering below. No vignette or ornamental underprint is present, the design relying entirely on the stark contrast of black ink against the mottled pink ground.
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Reverse description The reverse is plain speckled pink card stock, bearing only a black typeset serial number followed by a small asterisk ornament positioned centrally. No other printed design elements, borders, or text are present.
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Argensola is a tiny municipality in the comarca of Anoia, inland Catalonia, and in 1937 it had no business issuing currency — except that it had no choice. The Republican government's chronic shortage of small change during the Civil War pushed hundreds of Catalan municipalities, including villages of only a few hundred inhabitants, to print their own fractional notes under a framework loosely authorized by the Generalitat. These local emissions are collectively catalogued in Turró's reference work, which remains the primary tool for identifying them.

At this size and on card stock, the note functioned more as a token than paper money — physically closer to a tramway ticket than a banknote.

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