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1 Peseta Chinchilla

Issuer Chinchilla, Municipality of
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Size 93 x 55 mm
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Obverse lettering 1 PTA CONSEJO MUNICIPAL · CHINCHILLA · BILLETE DE VALOR LOCAL
(Translation: 1 Peseta Municipal Council · Chinchilla · Local value banknote)
Reverse description Printed in black on plain paper, the reverse is enclosed by a geometric guilloche-style border. The central vignette comprises a caduceus — a winged staff entwined by two serpents — set against a radiant sunburst underprint and accompanied by a cogwheel motif; the denomination numeral appears in plain letterpress type below.
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Comments

Chinchilla de Monte-Aragón, a small Castilian municipality in Albacete province, issued emergency paper money during the Spanish Civil War when the Republican government authorized local authorities to produce low-denomination scrip to counter the near-total disappearance of coin from circulation. The hoarding crisis of 1936–1937 was acute enough that even 1-peseta pieces vanished, forcing hundreds of municipalities to become de facto issuers.

Survival rates for these provincial emissions vary wildly. Chinchilla's issues are among the less commonly encountered, owing to the town's small population and limited print runs.

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