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50 Céntimos Crevillente, Cooperativas Textil y Alpargatera
| Issuer | Cooperativas Textil y Alpargatera de Crevillente |
|---|---|
| Year | 1937 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Peseta (1936-1939) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse carries a large blue oval guilloche vignette at centre, within which a bold letterpress cartouche displays the denomination numeral '50'. A typeset serial number appears above the central vignette, and the printer's imprint is set in small type at the foot of the design. Two hand-applied violet ink validation stamps — one circular and one triangular — are struck across the face to authenticate the note for circulation. |
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| Protection type | Validation stamp |
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| Comments |
Crevillente's textile and espadrille cooperatives issued their own fractional currency during the Civil War because the Republican zone suffered a catastrophic shortage of small-denomination coinage — silver had been hoarded or melted, and the central government could not keep pace with local demand. These cooperative-issued notes were a practical fix, circulating within a tightly defined economic community rather than the broader market. The validation stamp was the only meaningful security measure, and its absence renders a note worthless by the cooperative's own rules.
Printed by La Gráfica in nearby Elche, a press with documented output across several Valencian emergency issues of the same period.