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| Issuer | Consejo Municipal de Cheste |
|---|---|
| Year | 1937 |
| Type | Log in to see details |
| Value | 50 Centimos (0.50 ESP) |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | EL CONSEJO MUNICIPAL DE CHESTE ABONARÁ AL PORTADOR DEL PRESENTE VALE 50 céntimos El Alcalde Presidente, |
| Reverse description | Plain grey-green card stock reverse with no printed design. A partial circular municipal rubber stamp impression reading 'MUN[ICIPAL]' is visible in the upper left area, and a handstamped serial number appears in blue ink toward the right centre. |
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| Comments |
Cheste is a small municipality in Valencia province, and like hundreds of similar towns across Republican-held Spain, its local council began issuing emergency fractional currency in 1937 after silver and copper coinage effectively vanished from circulation — hoarded, melted, or simply never reaching rural areas through the disrupted wartime supply chain. These vales municipales were a local fix to a systemic problem, authorized under broad Republican decrees that gave municipal bodies latitude to print their own low-denomination scrip.
The thick card construction was deliberate — thinner paper wore out too quickly for notes handling daily market transactions in a town of a few thousand people.