1 Peseta Alacón

Alacón is a village in Teruel province, Aragon — population a few hundred even today — and in 1937 it was deep in Republican-held territory during one of the most economically dislocated periods of the Civil War. The collapse of normal monetary supply to rural municipalities forced hundreds of ayuntamientos across the Republican zone to print their own emergency fractional currency, often on whatever paper and equipment was locally available. This is one of those issues.

Gari Mon #34-B suggests at least a second type variant exists for Alacón's 1 Peseta, implying more than one printing run or design iteration from a village that could barely have justified one.