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1 Peseta Alcahalí
| Issuer | Alcaldía de Alcahalí (Municipality of Alcahalí) |
|---|---|
| Year | 1937 |
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| Composition | Paper |
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| Obverse description | Printed entirely in green on cream paper, the obverse is divided into two panels by a dotted geometric border running the full height of the note. The left panel contains an oval cartouche formed by dotted guilloche ornaments enclosing the denomination text 'UNA PESETA', overlaid by a pink oval municipal stamp. The right panel carries the issuer heading 'Alcaldía de Alcahalí' at top, the promise-to-pay legend, the place and date of issue, and below the title 'El Alcalde ordenador de pagos' a manuscript signature in ink. |
|---|---|
| Obverse lettering | UNA PESETA Alcaldía de Alcahalí Vale por UNA PESETA que abonará al portador la Caja Municipal de este Ayuntamiento Alcahalí 14 de Mayo de 1937 El Alcalde ordenador de pagos, (Translation: One Peseta Mayoralty of Alcahalí It is worth One Peseta which will be paid to the bearer by the Municipal Fund of this Town Hall Alcahalí May 14, 1937 The Mayor, payment authoriser,) |
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| Comments |
Alcahalí is a small inland village in the Marina Alta comarca of Valencia, and like hundreds of other Republican municipalities during the Civil War, it issued its own emergency fractional currency when the central supply of small change collapsed in 1936–37. These local emissions — often called "billetes municipales" or simply "vales" — filled a genuine transactional void: coins had vanished from circulation almost entirely, hoarded or melted, and the Republican government's own fractional notes couldn't reach every village fast enough.
Gari Mon #71-C places this within the documented Alcahalí series. Survival rates for these hyper-local issues vary wildly; many were redeemed and pulped once the crisis passed, others simply worn to illegibility.