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50 Céntimos Morella

Issuer Cooperativa del Pueblo de Morella
Year 1937
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Reference(s) Gari Mon#976-G
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Obverse lettering 50 Cts. Cooperativa del Pueblo Pagará al portador 50 cts. MORELLA, 2 Julio 1937 EL ENCARGADO
(Translation: 50 Centimos People's Cooperative Will pay the bearer 50 Centimos Morella, July 2, 1937 The Manager)
Reverse description Entirely plain reverse on unadorned cream paper, bearing only a hand-stamped black serial number applied centrally by rubber or wood stamp, with no other printed design elements.
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Comments

Morella's cooperativa issued these tiny paper vouchers during the Civil War as the Republican zone's commercial networks fractured and small change vanished entirely from circulation. Municipalities, cooperatives, and unions across Republican Spain filled that gap with locally printed scrip — literally thousands of distinct emissions — and Morella's series is among the more diminutive physically, which created real handling problems and accelerated wear.

Survival rates for these Aragonese cooperative emissions are low. Paper this thin, used daily for bread and staples, rarely lasted the war.

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