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50 Céntimos Caspe

Issuer Consejo Municipal de Caspe
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Currency Peseta (1936-1939)
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Obverse description Red letterpress text arranged within a geometric rectangular border, with the municipal coat of arms of Caspe positioned to the left. The central text block carries the full obligation legend in capital letters, affirming the note's mandatory circulation status within the municipal territory.
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Reverse description Lilac-violet letterpress print centred on an unprinted paper ground, with the denomination numeral and abbreviation set in bold white reserve lettering within an oval guilloche vignette enclosed by an elaborate cartouche of scrollwork and foliate ornaments.
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Comments

Caspe held unusual significance during the Spanish Civil War: in 1936 it became the seat of the Council of Aragon, the anarchist-dominated regional authority that operated in direct tension with the Republican central government in Valencia. This municipal note was issued under that charged political backdrop, when the collapse of metallic currency in circulation forced hundreds of Spanish towns to print their own emergency fractional paper.

The Gari Monetary catalogue distinguishes this as the A variant — a detail that matters, as multiple emission types from Aragonese municipalities are frequently misattributed in trade.

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