New fantasy currency in Spain: Axarco [Risolto]

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Questo messaggio ha lo scopo di: richiedere la creazione o la modifica di una valuta o di una denominazione (taglio) nel catalogo

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In Spain, since 1988, in the Axarquía region of Málaga province, a privately initiated "unofficial" monetary system called Axarco was created. Its coins and banknotes circulated throughout the region as a means of payment in shops. Equivalencies were established with the Spanish peseta, and the creator of the fictitious currency had previously made a deposit in a bank branch equal to the amount of banknotes and coins put into circulation. 

 

https://en.numista.com/catalogue/index.php?r=axarco&st=149-143&cat=y&im1=&im2=&ru=&ie=&ca=3&no=&v=&a=&dg=&i=&b=&m=&f=&t=&t2=&w=&mt=&u=&g=&c=&wi=&sw=

 

The monetary system to be added is: 

Axarco (1988-date) 

1 Axarco = 10 Axarquillos 

 

The existing denominations, for both banknotes and coins, are:

1 Axarquillo (0.10)

2 Axarquillos (0.20)

5 Axarquillos (0.50)

1 Axarco (1)

5 Axarcos (5)

10 Axarcos (10)

 

Many thanks!!!!

Coin referee for: Andorra, Equatorial Guinea, Marshall Islands, Moldova, Liberia and Spain
Banknote referee for: Andorra, Equatorial Guinea and Spain

Isn't it appropriate to add “1 Axarco = 100 Pesetas” (at the least that' the exchange in Wikipedia) and its value in euro as well? I know peseta and euro aren't subunits of axarco, but there is an equivalency.

Also, shouldn't it be catalogued as local coins/banknotes instead fantasy ones?

Both options (classifying these coins as local coins and listing their equivalent value in Spanish pesetas) should be considered.

 

The coins and banknotes are not official; they were created through private initiative. 

 

However, it is true that they circulated in the Axarquía region, using the exchange rate of 1 Axarco = 100 Pesetas. 

 

Therefore, they could be categorized as local coins, and the denomination could be stated as 1 Axarco = 10 Axarquillos = 100 Pesetas.

 

I leave this matter in the hands of the administrators, so they can decide whether they should be classified as local or fantasy coins.

 

@zegeri @Jarcek 

Coin referee for: Andorra, Equatorial Guinea, Marshall Islands, Moldova, Liberia and Spain
Banknote referee for: Andorra, Equatorial Guinea and Spain

This monetary system may have had limited use as a local currency alongside the peseta, but certainly not with the euro. Nor has it been reissued since 1989. So I wouldn't say it's a 1988-date local coin, but rather a 1988-1989 one.

 

By the way, the x in Axarquía or axarco is pronounced j in Spanish, like in México or Texas.

Referee for Spain, Iberia (ancient), Suebi Kingdom and Visigothic Kingdom

Taking into account what you've said @mrcsp and @zegeri  I think it's best to classify coins and banknotes as local (I'll do it now) and the monetary system would look like this:

 

The monetary system to be added is: 

Axarco (1988-1989) 

1 Axarco = 10 Axarquillos = 100 Pesetas

 

The existing denominations, for both banknotes and coins, are:

1 Axarquillo (0.10)

2 Axarquillos (0.20)

5 Axarquillos (0.50)

1 Axarco (1)

5 Axarcos (5)

10 Axarcos (10)

 

Search the catalogue – Numista

 

Many thanks!!!!

Coin referee for: Andorra, Equatorial Guinea, Marshall Islands, Moldova, Liberia and Spain
Banknote referee for: Andorra, Equatorial Guinea and Spain

Bump!

Coin referee for: Andorra, Equatorial Guinea, Marshall Islands, Moldova, Liberia and Spain
Banknote referee for: Andorra, Equatorial Guinea and Spain

Hello, currency is created.

Catalogue administrator
Stato cambiato a Fatto (Jarcek, 22 Feb 2026, 12:11)

Many thanks!!! Added currency and denominations to all the items ;)

 

Could someone order correctly the drop down list menu of denominations so we can see them like this:

 

1 Axarquillo (0.10)

2 Axarquillos (0.20)

5 Axarquillos (0.50)

1 Axarco (1)

5 Axarcos (5)

10 Axarcos (10)

Coin referee for: Andorra, Equatorial Guinea, Marshall Islands, Moldova, Liberia and Spain
Banknote referee for: Andorra, Equatorial Guinea and Spain

Done!

Catalogue administrator

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