The cardboard coin of the Second Spanish Republic was a temporary means of payment used during the last days of the Spanish civil war due to the shortage of precious metals such as silver and copper.
These cardboard discs, approximately 35 millimetres in diameter and 0.5 grams in weight, bore the coat of arms of the Second Republic on the reverse side and a space on the front to place a postage stamp or a movable stamp; their nominal value should be between 1 cent and 1.50 pesetas. They were also printed at the Fábrica Nacional de Moneda y Timbre in Aspe (Alicante), and although initially «transitional» in nature, they were not withdrawn from circulation until the end of the Civil War, that is to say, until 15 July 1939.
At the same time, the «nationalist» press criticises the programme in the following terms:
"Inflation in the red zone: The circulation as currency of stamps and mobile stamps constitutes an issue without limits or control. ¡ And after all this, they will want to put in people’s heads, with hammer-like pointers, that the ""papelamen"" (colloquial expression referring to the set of documents or forms) circulating as currency has an effective value and a real guarantee!" Journal of Cordoba (1938)
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