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50 Céntimos Elche
| Issuer | Consejo de Economía Local de Elche |
|---|---|
| Year | 1937 |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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| Obverse description | Printed in blue and salmon-red on white paper, the face is enclosed within a stippled dot-matrix border with delicate red arabesques at the corners and along the inner frame. The issuer's name appears in large bold blue letterpress type at the top, followed by the bearer clause and denomination in bold blue script. A large black numeral '50' is printed at the right margin as a denomination indicator. Two manuscript signatures appear in the lower portion, attributed to El Presidente and El Tesorero, with a red guilloche underprint of the numeral '50' visible behind the central denomination text. |
|---|---|
| Obverse lettering | El Consejo de Economía Local pagará al portador Cincuenta céntimos Elche 1 de julio de 1937 50 El Presidente, El Tesorero, (Translation: The Local Economy Council will pay the bearer Fifty Centimos Elche July 1, 1937 50 The President, The Treasurer,) |
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| Comments |
Elche's local economic council issued this note during the Spanish Civil War, when the Republican zone faced a catastrophic shortage of fractional coinage. The central government's inability to supply small change forced hundreds of municipalities, trade unions, and local bodies to print their own emergency currency — a phenomenon that generated thousands of distinct issues across Republican-held territory in 1937 and 1938.
La Gráfica was a local Elche printer, not a specialist security press. The limitations of that show in the production quality typical of the series.