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1 Peseta Alcorisa

Issuer Alianza Republicana de Alcorisa
Year
Type Emergency banknote
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Obverse description Typeset note printed in dark blue ink on plain paper, enclosed within a decorative interlaced guilloche border running the full perimeter with corner ornaments of woven ribbon motifs and lateral chain-link panels. The issuing authority appears in capital letters along the top header, with the locality name and a handwritten serial number in the upper field; the promise-to-pay legend occupies the centre in a medium serif typeface, separated from the bold denomination text below by a dotted rule line. A manuscript signature appears in the lower right quadrant.
Obverse lettering ALIANZA REPUBLICANA ALCORISA Pagaré al Camarada Una peseta
(Translation: Republican Alliance Alcorisa Will pay the Comrade One Peseta)
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Alcorisa is a small municipality in Teruel, Aragon — one of hundreds of Spanish towns that issued its own emergency paper money during the Civil War after the Republican government's decree of 1937 authorizing local entities to produce low-denomination scrip to cover the chronic shortage of coin. The Alianza Republicana de Alcorisa was one such issuing body, functioning more as a local political-civic authority than a conventional financial institution.

These hyper-local Republican issues from rural Teruel are among the more difficult to source today. The province changed hands during heavy fighting in 1937–38, and much of the locally produced scrip was either destroyed or simply lost in the disruption.