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| 正面描述 | 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. |
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| 正面铭文 | 登录 以查看详情 |
| 背面描述 | The reverse is plain unprinted paper, typical of Civil War-era Spanish municipal emergency currency (vales) issued by local councils to alleviate the scarcity of small-denomination coinage. This note was issued by the Consejo Municipal de Horcajo de Santiago (Cuenca province, Castilla–La Mancha) during the Spanish Civil War. |
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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.