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10 Axarcos La Axarquía

Issuer La Alquería del Gamal (Antonio Gámez Burgos)
Year 1988
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Value 10 Axarcos
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Reverse description Printed in blue on white paper; central bust vignette of King Philip II of Spain shown front-facing, flanked by a mountainous Axarquía landscape. The serial number appears in blue. Inscriptions reference the Axarquía Moorish Rebellion of 2 June 1569 and identify the denomination as Ten Axarcos.
Reverse lettering Nº 01738 La Alquería del Gamal Diez Axarcos 10 Felipe II Rebelión Axárquicos 2 Junio 1569
(Translation: The Alquería del Gamal Ten Axarcos Philip II Axarquía Rebellion June 2, 1569)
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Comments

The Axarco was a local complementary currency introduced in the Axarquía comarca of Málaga province during the late 1980s, circulating among a network of small producers and traders as an alternative exchange medium during a period when rural Andalusian communities were experimenting with cooperative economics outside the peseta system. La Alquería del Gamal, the issuing entity behind this note, was an agricultural cooperative near Vélez-Málaga run by Antonio Gámez Burgos — one of the more idiosyncratic figures in Spain's localist economic revival of that decade.

These notes were never legal tender and carried no redemption guarantee from any banking authority. Survival rates are low; most were redeemed within the network and discarded.

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