1 Peseta Barcelona; Casa Segala, E. C.

Casa Segala was a Barcelona retail business collectivized under anarcho-syndicalist control during the Civil War, when the CNT-FAI effectively ran much of Catalonia's economy after July 1936. With the peseta in short supply and the banking system in upheaval, hundreds of collectivized enterprises issued their own fractional scrip — this is one of them. The "E.C." designation, Empresa Col·lectivitzada, was the legal form assigned to businesses seized from their owners and handed to worker committees.

The dry seal was the primary anti-counterfeiting measure, which says something about the extremely local scope of these emissions — they circulated within a single establishment or tight commercial network, not across open markets.