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50 Céntimos Valenzuela de Calatrava

Issuer Consejo Municipal de Valenzuela de Calatrava
Year 1937
Type Emergency banknote
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Obverse lettering CONSEJO MUNICIPAL VALENZUELA DE CALATRAVA Vale por 50 céntimos Julio, 1937
(Translation: Municipal Council Valenzuela de Calatrava Valid for 50 Centimos July, 1937)
Reverse description Reverse is entirely unprinted, presenting only the plain, unadorned surface of the thick card stock with no design elements, lettering, or overprint of any kind.
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Comments

Valenzuela de Calatrava is a small municipality in Ciudad Real province, and like hundreds of similarly sized Spanish towns during the Civil War, its local council issued emergency fractional currency when Republican-zone coinage effectively vanished from circulation in 1936–37. The Nationalist blockade of silver and the hoarding that followed created an acute shortage of small change that the central government could not address fast enough, forcing ayuntamientos and consejos municipales to fill the gap themselves.

The Gari Mon catalogue documents well over a thousand such local emissions, many of which survive in tiny quantities. Thick card stock was a common practical choice — it lasted longer in daily handling than thinner paper, though it also made counterfeiting marginally easier with basic hand-printing equipment.

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