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1 Peseta Bolaños

Issuer Consejo Municipal de Bolaños
Year 1937
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Value 1 Peseta (1 ESP)
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Obverse description Plain cream card stock printed in black letterpress with no vignette or ornamental elements. The issuer name is set in two lines separated by a ruled underline, with the denomination text centred below and a handstamped violet circular seal applied across the middle of the note. A serial number appears at lower right and the issue date at lower left.
Obverse lettering CONSEJO MUNICIPAL BOLAÑOS Vale por 1 peseta Agosto 1937.
(Translation: Municipal Council Bolaños Valid for 1 Peseta August 1937.)
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Comments

Bolaños de Calatrava is a small municipality in Ciudad Real province, and this note is a product of the anarchic monetary improvisation that swept Republican-controlled Spain during the Civil War. With the peseta coinage hoarded or simply absent from circulation by 1937, hundreds of municipal councils — many with no banking infrastructure whatsoever — issued their own emergency paper. The Consejo Municipal simply filled the void.

The thick card stock was a practical choice: conventional banknote paper was unavailable to most local bodies. These municipally-issued pieces were typically only honored within the issuing town, which is precisely why so few circulated far enough to survive in quantity.

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