1 Peseta Carcelén

Carcelén is a small municipality in Albacete province, and like hundreds of similar towns across Republican-held Spain, it issued its own emergency fractional currency during the Civil War after the central government's coin supply collapsed in 1936–37. The hoarding of metal coinage — driven by wartime uncertainty — created a paralysis in small transactions that no official body moved quickly enough to solve, leaving local councils to improvise.

The Gari Montserrat reference number is unassigned, which likely means this piece was either unrecorded at time of publication or reached collectors after the catalog went to press. Provincial guerra civil material from smaller Castilian municipalities remains among the least systematically documented in Spanish notaphily.