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1 Peseta Alcoy; replica

Issuer Consejo Municipal de Alcoy
Year 1937
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Shape Rectangular
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Reverse description Light and dark green print on beige. A large central guilloche medallion encloses a five-pointed star with the numeral "1" at its centre, flanked by symmetrical ornamental oval cartouches. Series designation appears at upper left and right, with obligatory-exchange and emission legends in bordered panels above and below.
Reverse lettering ESTE BILLETE ES CANJEABLE POR PAPEL MONEDA DE CURSO LEGAL
SERIE B(2)
EMISIÓN HECHA DE ACUERDO CON LAS BASES APROBADAS POR EL CONSEJO MUNICIPAL EN SESIÓN DE 12 DE JULIO DE 1937
RCM-FNMT
Año 2003
(Translation: THIS NOTE IS EXCHANGEABLE FOR LEGAL TENDER PAPER MONEY.
SERIES B(2)
ISSUANCE MADE IN ACCORDANCE WITH THE BASES APPROVED BY THE MUNICIPAL COUNCIL IN SESSION OF JULY 12, 1937
RCM-FNMT
Year 2003)
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Comments

Alcoy's municipal council issued emergency paper money during the Spanish Civil War when small-change coinage effectively disappeared from circulation — hoarded, melted, or simply lost to the disruptions of war. Dozens of Spanish municipalities did the same between 1936 and 1938, creating a chaotic patchwork of purely local scrip that was legally worthless outside its issuing town.

This is a replica. The originals were printed by the Fábrica Nacional de Moneda y Timbre in Madrid — an unusual arrangement given that Alcoy sits in Valencia province, well behind Republican lines but hardly convenient to the capital.

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