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1 Peseta Alcañiz

Issuer Consejo Municipal de Alcañiz
Year 1937
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Size 121 × 80 mm
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Obverse lettering Consejo Municipal de Alcañiz
1
PESETA
De curso obligatorio en la localidad y canjeable en Depositaria
Febrero 1937
El Consejero de Economía
(Translation: Municipal Council of Alcañiz / 1 / Peseta / Of mandatory circulation in the locality and exchangeable at the Depository / February 1937 / The Councillor of Economy)
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Reverse lettering Consejo Municipal de Alcañiz
1
PESETA
(Translation: Municipal Council of Alcañiz / 1 / Peseta)
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Comments

Alcañiz, a small town in Teruel province, was firmly within the Republican zone during the early years of the Civil War, and like hundreds of Spanish municipalities it resorted to locally printed emergency paper when the central government's coin supply collapsed in 1936–37. The hoarding of metal coinage — driven by wartime panic and silver's intrinsic value — left ordinary commercial transactions nearly impossible, forcing town councils across Aragón to issue their own fractional notes under emergency decree.

Tip. Comercial was a local print shop, not a security printer, and the technical limitations show. Paper quality and ink consistency vary noticeably between surviving examples of this series.

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