1 Peseta Aguilar de Alfambra

Aguilar de Alfambra is a village in Teruel province, Aragon, and during the Spanish Civil War its municipal council — like hundreds of other small local bodies cut off from the Republican banking system — issued its own emergency scrip to keep basic commerce moving. These locally produced notes, collectively catalogued under the Gari Moneda series, are among the most fragile surviving artifacts of the wartime shortage economy: printed in tiny quantities, used hard in tiny communities, and rarely preserved with any care.

Thick card stock was the pragmatic choice when proper banknote paper was unavailable. It also means survivors often show pronounced handling wear at the corners before they show soiling.