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50 Céntimos Montaverner

Issuer Consejo Municipal de Montaverner
Year 1937
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Currency Peseta (1936-1939)
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Obverse description Typographed entirely in red on plain cream paper, the note is enclosed within a rectangular double-rule border with a heavier parallel rule band at the top and bottom. The issuer name 'Consejo Municipal' appears in large serif type at the upper centre, with 'MONTAVERNER' in bold capitals beneath, separated from the lower text by a double rule. The denomination 'VALE por 50 cts.' is set in large display type occupying the lower half of the face.
Obverse lettering Consejo Municipal MONTAVERNER VALE por 50 cts.
(Translation: Municipal Council Montaverner Voucher for 50 Centimos)
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Comments

Montaverner is a small agricultural municipality in Valencia's Vall d'Albaida comarca, and like hundreds of other Republican-controlled towns during the Spanish Civil War, it issued its own fractional paper currency when the coinage shortage of 1936–37 made small-denomination transactions nearly impossible. The central Republican government never adequately resolved the problem, pushing it down to local councils — hence the extraordinary proliferation of these municipal emergency issues across the Valencian region.

The Turró and Gari catalogues document dozens of Montaverner variants, and the dual reference here suggests minor typographic or color differences between known specimens. At this size, print registration inconsistencies are common across the series.

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