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50 Céntimos Elche

Issuer Consejo Municipal de Elche
Year 1937
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Value 50 Centimos (0.50 ESP)
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Obverse lettering CONSEJO MUNICIPAL ELCHE (ALICANTE) Emisión acordada 15 octubre 1937 ALCALDE - PRESIDENTE 50 CENTIMS. 50 céntimos
(Translation: Municipal Council Elche (Alicante) Issuance agreed on October 15, 1937 Mayor - President 50 Centimos 50 Centimos)
Reverse description Typeset letterpress note printed in black within a continuous decorative interlocking-pattern border. The denomination '50 céntimos' appears in bold at both upper corners, flanking the centred issuer name 'Consejo Municipal ELCHE'; at lower left the series designation 'Serie C.' is printed, with the restrictive clause 'DE VALOR EXCLUSIVAMENTE LOCAL' spanning the lower portion and 'OCTUBRE 1937' at lower right.
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Comments

One of hundreds of emergency municipal issues that flooded Republican-controlled Spain during the Civil War after the central government's inability to maintain small-denomination coinage in circulation. Elche's Consejo Municipal, like most local councils in the Levante, printed its own fractional notes out of simple necessity — copper and nickel had been requisitioned or hoarded, and commerce below one peseta had become nearly impossible without some local substitute.

These hyper-local issues were redeemable only within the issuing municipality, which sharply limited their practical life. Most were withdrawn and destroyed once the war resolved the question of who governed.

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