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1 Peseta Bailén

Issuer Consejo Municipal de Bailén
Year
Type Emergency banknote
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Obverse description Typeset letterpress note printed in black on plain paper, enclosed within a double-rule rectangular border. The issuing authority 'Consejo Municipal' and locality name 'BAILÉN' are set in bold type at the top, divided by a short rule, with the denomination 'UNA Peseta' in large bold capitals at centre. A double horizontal rule separates the lower compartment, which carries the series letter and serial number.
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Reverse lettering INTERVENCIÓN DEL CONSEJO MUNICIPAL
(Translation: Audit Office of the Municipal Council)
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Bailén's municipal council issued emergency small-change notes during the Spanish Civil War, when Republican-controlled municipalities across Andalusia faced an acute shortage of fractional currency after hoarding stripped coins from circulation almost overnight. These local emissions were authorized under a 1936 decree permitting ayuntamientos and other local bodies to print their own scrip — an arrangement that produced hundreds of distinct issuers, most operating with rudimentary materials.

The validation stamp was the primary safeguard against counterfeiting, a low bar given the production quality. Bailén itself carries some irony: the town famous for the 1808 defeat of Napoleonic forces ended up issuing paper whose legitimacy depended on an ink stamp.