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50 Céntimos Horcajo
| Issuer | Consejo Municipal de Horcajo |
|---|---|
| Year | 1937 |
| Type | Emergency banknote |
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| Obverse description | Printed entirely in red on plain paper stock, the note is framed by a decorative letterpress border composed of repeated geometric and floral ornamental units at each corner and along all four sides. The issuing authority appears in a header inscription across the top, with the denomination in large script lettering occupying the centre field. Below the denomination, the place and date of issue are stated, with a space designated for an official seal ("Sello"), and the printer's imprint appears at the foot. A faint violet official stamp is visible near the top centre. |
|---|---|
| Obverse lettering | Consejo Municipal de Horcajo Vale por 50 Cts. Horcajo Septiembre de 1937. Sello Antona, Tarancón (Translation: Municipal Council of Horcajo — Voucher for 50 Centimos — Horcajo, September 1937.) |
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| Comments |
Horcajo de Santiago, a small Castilian municipality in Cuenca province, was among hundreds of Spanish localities that issued emergency fractional currency during the Civil War after the Republic's coin supply collapsed almost entirely in 1936–37. Hoarding, melting, and simple shortage had stripped small change from everyday commerce, and municipal councils stepped in with whatever printing resources were available — often a local press running cardstock or thin paper.
The Gari Montané reference remains unassigned, which typically means the compiler documented the issuer but lacked a confirmed specimen. Surviving examples from minor Castilian municipios at this denomination are genuinely uncommon.