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1 Peseta El Toboso
| Issuer | Consejo Municipal de El Toboso |
|---|---|
| Year | 1937 |
| Type | Emergency banknote |
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| Obverse description | Typeset letterpress note printed in black on plain cream card stock. The issuing authority "Consejo Municipal" appears in large display type at the top, followed by the bearer clause "Pagará al portador" in italic script. The denomination "UNA" is rendered in bold block letters within a rectangular frame of vertical ruling lines, with "PESETA" in spaced capitals below; two solid black half-disc vignettes flank the central denomination block at left and right. The place and date of issue, "El Toboso, Junio de 1937", appear in italic type along the lower margin. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Plain card stock reverse bearing a violet oval official rubber stamp of the Consejo Municipal de El Toboso, with a handwritten signature and a small handstamp at the lower right edge serving as the sole authentication marks. |
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| Comments |
El Toboso is a small La Mancha village that owes its fame almost entirely to Cervantes, who made it the home of Dulcinea in Don Quixote. Whether the municipal council appreciated the irony of issuing emergency paper money in a town built on a fictional love letter is another matter. During the Civil War, the Republican zone suffered acute small-change shortages from 1936 onward, and hundreds of municipalities — El Toboso among them — printed their own fractional notes rather than watch local commerce seize up entirely.
These consejo municipal issues were technically illegal under existing banking law but tolerated by necessity. Most were printed in tiny quantities and redeemed quickly, which is precisely why they vanish from the market.