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1 Peseta 502nd battalion

Issuer 502nd Battalion, 28th Division, 126th Mixed Brigade
Year 1937
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Size 114 x 72 mm
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Reverse description Teal letterpress on cream paper with guilloche rosette corner ornaments and a central diamond frame enclosing the large numeral "1". A ribbon scroll at the base carries the unit designation, with "PESETA" repeated to left and right in banner cartouches.
Reverse lettering 502 BATALLON
PESETA 1 PESETA
28 DIVISION - 126 BRIGADA
(Translation: 502 Battalion
Peseta 1 Peseta
28 Division - 126 Brigade)
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Comments

Brigade-level scrip issued during the Spanish Civil War, when Republican military units at the front often operated without reliable access to official currency. These small-denomination notes — produced by individual battalions rather than any central authority — were intended to circulate within a specific unit's area of operations, typically used in canteens, cooperatives, and field purchases from local suppliers.

Survival rates for this type of hyper-local Republican military scrip are low. Most were redeemed, lost, or simply discarded when units were reorganized, routed, or absorbed into larger formations during the chaotic restructuring of the Popular Army from 1937 onward.

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