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50 Céntimos Cinco Olivas

Issuer Colectividad Fraternal de Cinco Olivas
Year 1937
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Shape Rectangular
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Obverse description Typeset letterpress note printed in violet-blue ink, with a geometric border framing the entire face. The emblem of the Regional Defence Council of Aragon appears to the left, while the central text field carries the issuing authority's name, denomination, and emission year in a structured layout. A cautionary legend at the foot advises that the note is invalid without the validating stamp applied to the reverse.
Obverse lettering Colectividad Fraternal DE CINCO OLIVAS (ZARAGOZA) Esta Colectividad reconoce a favor del portador la cantidad de 50 CENTIMOS EMISIÓN 1937. No es válido sin el sello al dorso
(Translation: Fraternal Collectivity of Cinco Olivas (Zaragoza) This Collectivity recognizes in favor of the bearer the amount of 50 Centimos Issue 1937. Not valid without stamp on back)
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Comments

Cinco Olivas is a small village in Zaragoza province, and this 50 céntimos note is a product of the anarchist collectivization experiment that swept through Aragonese rural communities during the Spanish Civil War. When the CNT-FAI backed collectives took over local economies in 1936–37, many villages simply ran out of Republican small change and began printing their own. The Colectividad Fraternal — the name itself signals the ideological project — issued these notes as internal scrip, valid within the collective's economy and backed by nothing beyond local trust and revolutionary solidarity.

The validation stamp is the only security measure, applied to distinguish authorized notes from forgeries within a community of perhaps a few hundred people.

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