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50 Céntimos Villanueva de la Serena
| Issuer | Villanueva de la Serena, Municipality of |
|---|---|
| Year | 1937 |
| Type | Emergency banknote |
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| Obverse description | Printed in red and blue on plain paper stock, the obverse is framed by a wide geometric border. A light blue CM (Consejo Municipal) monogram serves as an underprint across the central field. All text is rendered in letterpress, with the denomination and issuing authority inscriptions arranged in structured typographic blocks. |
|---|---|
| Obverse lettering | 50 El Consejo Municipal Local PAGARÁ AL PORTADOR Cincuenta cèntimos Villanueva de la Serena 5 de Agosto, 1937 (Translation: The Local Municipal Council Will pay the bearer Fifty Centimos Villanueva de la Serena, August 5, 1937) |
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| Comments |
Villanueva de la Serena, a small Extremaduran municipality, issued fractional emergency currency during the Spanish Civil War under the same republican necessity that drove hundreds of Spanish towns to print their own small-denomination paper. The central government's inability to maintain adequate coin supply — silver having been hoarded or melted, and the war consuming metals — forced local councils to fill the gap themselves. These municipal emissions were officially tolerated but never centrally coordinated, which accounts for the enormous variation in quality, format, and backing across the series.
The Gari Montllor catalog remains the primary reference for Spanish Civil War local issues, and the -B suffix here indicates a distinct variety within the 1615 listing.