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50 Céntimos Belltall

Issuer Ajuntament de Belltall (Municipality of Belltall)
Year 1937
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Value 50 Centimos (0.50 ESP)
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Obverse description Typeset letterpress design on yellowed card stock, entirely in black ink on an unadorned field. The issuer name "Ajuntament de Belltall" appears at the top in serif type, separated from the body text by a double rule; the denomination "CINQUANTA CÈNTIMS" is set in large bold capitals at centre. Subsidiary text confirms the note's status as a silver certificate of mandatory local circulation, dated March 1937.
Obverse lettering Ajuntament de Belltall CERTIFICAT DE PLATA CINQUANTA CÈNTIMS d'ús forçós solament a Belltall Març del 1937.
(Translation: City Council of Belltall Silver Certificate Fifty Centimos of mandatory use only in Belltall March of 1937.)
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Comments

Belltall is a municipality in the Conca de Barberà comarca of Catalonia with a population that has rarely exceeded a few hundred souls. In 1937, like dozens of similarly small Catalan and Spanish Republican municipalities, it issued its own fractional emergency currency after the hoarding and melting of metallic coin left daily commerce nearly paralyzed. The Republican central government had authorized local authorities to fill the gap, which produced an extraordinary proliferation of these *moneda local* issues — over a thousand distinct municipal emitters across the zone.

Turró 386 places Belltall among the rarest of these, a predictable outcome given the issuing population. Very few pieces entered wide circulation; most would have cycled within a single village economy before the war's end rendered them worthless.

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