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50 Céntimos Benifairó de Valldigna, Colectividad Productora `El Porvenir`

Issuer Colectividad Productora El Porvenir, Benifairó de la Valldigna (Province of Valencia)
Year 1937
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Currency Peseta (1936-1939)
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Obverse description Typeset letterpress note printed in red and black on plain paper. A rectangular dotted border frames the design, with four circular red medallions at the corners, each bearing the trade union initials UGT (upper and lower left) and CNT (upper and lower right) in black. The issuer name COLECTIVIDAD PRODUCTORA «EL PORVENIR» is set in red across the upper field, followed by the denomination VALE 50 Céntimos in large red type at centre. The black serial number appears below the denomination, with the place name and date Benifairó de Valldigna 1937 printed in red italic script, and the printer's imprint IMP. F. APARISI - TABERNES at the foot.
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Reverse description Plain unprinted paper field. A violet rubber stamp impression appears diagonally in the upper right area, and a red handwritten signature or validation mark is applied across the centre of the note, serving as a manuscript authorisation.
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Benifairó de la Valldigna was a small agricultural village in the Valencia region where anarchist and socialist collectives took hold quickly after July 1936. "El Porvenir" — The Future — was one of hundreds of producer collectives that sprang up across Republican Spain during the Civil War, and like most, it issued its own local currency (known as moneda de pueblo or vale) to keep internal exchange functioning when official coinage disappeared from circulation, hoarded or melted down almost immediately after the coup.

Imprenta F. Aparisi in the nearby town of Tavernes de la Valldigna printed for several of these local issuers, which is why design similarities across Valldigna-area notes are common. The thick card stock was a practical choice — paper money printed in tiny runs by local print shops wore out fast, and heavier stock bought a few extra weeks of usable life in daily market exchange.

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