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1 Peseta Archena

Issuer Ayuntamiento de Archena
Year 1937
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Size 48 × 30 mm
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Obverse description Bicolour letterpress note in green and red, with the municipality name and denomination rendered in large bold red type across the centre field, set within a guilloche-style geometric border in green. The emission year 1937 and bearer payment clause occupy the upper register, with decorative scroll ornaments at the corners completing the composition.
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Reverse lettering 1 / UNA PESETA / EL ALCALDE EL SECRETARIO EL DEPOSITARIO
(Translation: 1 / One Peseta / The Mayor The Secretary The Depositary)
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Comments

Archena is a small municipality in Murcia, and like hundreds of Spanish towns during the Civil War, its ayuntamiento issued emergency fractional currency when Republican-zone coinage disappeared almost entirely from circulation — hoarded, melted, or simply not produced in sufficient quantities. These locally printed pieces, known collectively as billetes locales, were a practical response to an acute small-change crisis rather than any assertion of local financial authority.

At under 50mm across, this is among the smallest paper money produced anywhere in Europe during the 1930s. The Gari Montlla cataloguing of Murcian civil war issues remains the principal reference for the series, and the 177-B suffix indicates a variant within the Archena 1 peseta emission — likely a printing or signature difference from the 177-A type.

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