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50 Céntimos Masanasa

Issuer La Colectividad Cooperativa Confederal de Trabajadores Campesinos de Masanasa
Year 1937
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Currency Peseta (1936-1939)
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Obverse description Plain cream paper with all-text layout in dark blue letterpress printing. The issuer's name, "LA COLECTIVIDAD COOPERATIVA CONFEDERAL de Trabajadores Campesinos de Masanasa", occupies the upper portion in bold capitals, followed by the bearer clause "PAGARÁ al Portador la cantidad de" in a smaller typeface. The denomination "0'50 céntimos" is set in large bold type at the foot of the note, with a fine dotted border running the full perimeter.
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Reverse description Entirely printed in violet, the reverse displays a large dotted oval frame filling most of the note's surface, with a horizontal band across the centre bearing the denomination "0'50 cts." in bold type. A serial number line appears at the base of the oval, rendered in the same violet ink. The surrounding paper is left unprinted.
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Masanasa is a small municipality in the Valencia comarca, and this voucher was issued by its agricultural workers' collective during the anarchist-administered phase of the Spanish Civil War. The Confederación Nacional del Trabajo effectively controlled production and distribution in much of rural Valencia through 1937, and local collectives like this one issued their own scrip precisely because conventional currency had become unreliable for internal exchange — not because of any formal monetary authority, but out of sheer practical necessity.

The Turró and Garí catalogues between them document dozens of Valencian agricultural scrip pieces from this period, but the Masanasa collective's issues remain among the more obscure. Print runs were small and local redemption was the only intended use.

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