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50 Céntimos Selgua

Issuer Consejo Municipal de Selgua
Year 1937
Type Emergency banknote
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Obverse description Brown letterpress printing on plain paper, with a geometric border of ruled lines and small squares forming the perimeter frame. The coat of arms of the Spanish Republic is centrally placed, dividing the two-line issuer inscription above and below. The remaining text, arranged in a simple typeset layout, conveys the legal tender declaration and session approval details.
Obverse lettering CONSEJO MUNICIPAL SELGUA / Agosto 1937 50 Cts. Estos billetes son de curso legal en este término municipal. Emisión aprobada en sesión celebrada el 14 de Agosto de 1937.
(Translation: Municipal Council Selgua / August 1937 50 Centimos These banknotes are legal tender in this municipal term. Issue approved in session held on August 14, 1937.)
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Comments

Selgua is a small village in the Huesca province of Aragon — population in the hundreds — and like hundreds of other Spanish municipalities during the Civil War, it issued its own emergency fractional currency when coins vanished from circulation almost entirely in 1936–37. The Republican government had authorized local councils to fill the gap, producing a sprawl of hyper-local paper that was legally valid only within the issuing municipality's boundaries.

The Gari Montaña catalog documents well over a thousand such Aragonese emissions, which gives some sense of how atomized the circulating medium had become in Republican-held territory by mid-conflict.

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