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| 正面描述 | Printed entirely in black on red paper, the obverse is enclosed by a decorative foliate and geometric border running the full perimeter. The denomination 'UNA PESETA' is set in large bold display type at centre, flanked above and below by horizontal rules, with 'CONSEJO MUNICIPAL DE CALACEITE' in italic letterpress between them. Mandatory-currency and redeemability clauses appear at the top, the issue date at the bottom, and a handwritten serial number at lower right. |
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| 背面描述 | Printed in dark reddish-brown on red paper, the reverse carries a plain rectangular outer border enclosing a central blank oval vignette, within which a circular official stamp of Calaceite is impressed. Denomination panels marked '1 Pta.' appear in rectangular cartouches at left and right, each flanked by foliate ornaments. 'CONSEJO MUNICIPAL' runs across the top and 'CALACEITE' across the bottom in large capitals, with signature lines for the President and the Depositario positioned respectively at lower left and lower right. |
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Calaceite is a small municipality in Teruel, Aragon — deep in Republican-held territory during the first years of the Spanish Civil War. Like hundreds of other local councils across the zone, the Consejo Municipal issued its own emergency fractional currency in 1937 after the Republic's small-denomination coinage effectively vanished from circulation, hoarded or melted down almost immediately once the war disrupted normal commerce.
These hyper-local emissions were technically illegal under Republican monetary law but were tolerated out of necessity. Calaceite itself fell to Nationalist forces in March 1938 during the Aragon offensive, rendering all surviving notes worthless overnight.