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1 Peseta Alcoy

Issuer Alcoy, Municipality of
Year 1937
Type Emergency banknote
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Obverse description Green note with a geometric border framing the entire field. The central vignette presents an allegorical composition of two male figures: one holding a sickle and sheaves of wheat, symbolising agriculture, and the other with a hammer, representing industry. Letterpress text surrounds the vignette with the issuing authority and mandatory circulation clause.
Obverse lettering 1 / 1 PESETA EL CONSEJO MUNICIPAL PAGARÁ AL PORTADOR 1 PESETA ALCOY 12 JULIO 1937 BILLETE DE CIRCULACIÓN OBLIGATORIA EN TODA LA JURISDICCIÓN MUNICIPAL
(Translation: The Municipal Council Will pay the bearer 1 Peseta Alcoy July 12, 1937 Mandatory circulation banknote throughout the Municipal jurisdiction)
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Comments

Alcoy — the industrial city in Alicante province known for its textile mills and paper factories — was one of dozens of Spanish municipalities that issued emergency fractional currency during the Civil War after Republican authorities struggled to maintain small-denomination coinage in circulation. The Consell Municipal de la Vila d'Alcoi printed its own series in 1937 precisely because the Republic's centralized monetary system had effectively collapsed at the local level.

The Gari Mon#91-B designation distinguishes this from other Alcoy peseta variants — a distinction that matters, as survivorship rates differ across the series.

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