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50 Céntimos Elda

Issuer Consejo Municipal de Elda
Year 1937
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Size 105 × 58 mm
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Obverse description Letterpress-printed in green on a light green underprint, the face is framed by a double-line rectangular border and carries no pictorial vignette. The entire design is typographic, with the full obligation text set across the face in multiple lines, identifying the issuing authority, the promise to pay the bearer in Banco de España notes, the denomination, and the place and date of issue. The austere, text-only layout is characteristic of Spanish Civil War municipal emergency issues.
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Reverse description Letterpress-printed in brown within a double-line rectangular border, the reverse centres on a vignette of the entrance archways at the base of the Castillo de Elda. The crowned municipal coat of arms of Elda is placed to the left of the central vignette. The mandatory circulation legend is set in a single line below the design elements.
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Comments

Elda, a shoe-manufacturing town in Alicante province, was one of hundreds of Spanish municipalities that issued emergency paper during the Civil War after metallic coin disappeared from circulation almost entirely by mid-1937. The Consejo Municipal — the Republican-controlled local council — effectively became a local bank by necessity, not by any formal monetary authority.

Gari Mon catalogues this as 601-A, implying at least one variant exists within the type. Municipal issues from this region were printed in small runs, often locally, with quality that varied considerably even within a single series.

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