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1 Peseta Cervera del Llano

Issuer Ayuntamiento de Cervera del Llano (Cuenca)
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Shape Rectangular
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Obverse description Plain cream paper stock printed in dark blue letterpress throughout. The issuing authority legend appears at the top, with a bordered rectangular cartouche at the lower left enclosing the denomination in large uppercase letters. To the right, the approval notation and title of the Mayor are set in roman type above a manuscript signature.
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Reverse description Completely unprinted reverse on plain cream paper stock, bearing only the natural aging and toning of the period paper with no text, vignette, or ornamental elements of any kind.
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Cervera del Llano is a small municipality in the province of Cuenca, and like hundreds of similarly sized Spanish towns, its ayuntamiento issued emergency fractional paper money during the Civil War after the Republican government's decree of 1937 effectively sanctioned local currency production to address the chronic shortage of small coin. These municipal emissions were never centrally coordinated, which is why the cataloguing of them — Gari Montalvo being the primary reference — remains an ongoing scholarly exercise.

Provincial Cuenca notes of this type are among the less-documented in the series. Survival rates are unpredictable; many were redeemed and destroyed locally, others simply discarded once the war ended and Nationalist peseta issues took over.