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1 Peseta Albudeite

Issuer Albudeite, Municipality of
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Value 1 Peseta (1 ESP)
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Obverse description Typeset letterpress note printed in red ink on a green-lettered underprint, with a geometric border framing the entire face. All text is arranged in a central block, with the issuing authority and guarantee clause set in varying type sizes.
Obverse lettering PAPEL MONEDA Circulación Local MUNICIPIO DE ALBUDEITE VALE por UNA peseta Garantizado con billetes del Banco de España
(Translation: Paper Money Local circulation Municipality of Albudeite Voucher for One Peseta Guaranteed with banknotes from the Bank of Spain)
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Albudeite is a small municipality in the Murcia region of Spain, and like hundreds of similarly sized towns, it resorted to locally produced emergency paper during the Civil War after the Republican government's decree of June 1937 authorized municipalities to issue their own small-denomination notes to address the near-total disappearance of coins from circulation. These local issues — collectively known as "billetes locales" or sometimes "moneda municipal" — were typically produced in very small print runs, often on whatever paper stock was available, with rudimentary printing methods.

The Garrido reference (Gari Mon#64-B) indicates a variant within the Albudeite series, suggesting at least two distinguishable types exist. Survival rates for issues from villages of this size are genuinely low.