1 Peseta Asturias y León

The Consejo de Asturias y León was the Republican administrative authority established after the military uprising of July 1936 effectively cut off the northern zone — Asturias, Santander, and the Basque Country — from the rest of Republican Spain. Hemmed in by Nationalist forces and without reliable access to the Banco de España's Madrid reserves, the regional councils had little choice but to print their own emergency currency. This 1 Peseta is part of that improvised monetary apparatus.

The northern zone collapsed in October 1937 when Franco's forces completed their campaign against Asturias. Notes issued by the Consejo had a functional lifespan of less than a year, and large quantities were destroyed or abandoned during the fall. Surviving examples in any condition are genuinely scarce by Spanish Civil War provincial note standards.