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1 Peseta Elche
| Issuer | Consejo de Economía Local de Elche |
|---|---|
| Year | 1937 |
| Type | Log in to see details |
| Value | 1 Peseta (1 ESP) |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | El Consejo de Economía Local pagará al portador UNA PESETA Elche 1 de julio de 1937 El Presidente, El Tesorero 1 (Translation: The Local Economy Council will pay the bearer One Peseta Elche July 1, 1937 The President, The Treasurer) |
| Reverse description | Log in to see details |
| Reverse lettering | 1 PESETA LA GRÁFICA.-ELCHE |
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| Comments |
Elche issued its own emergency paper money during the Civil War because the Republic's central supply of small-denomination coinage had essentially collapsed — silver and copper were being hoarded, melted, or redirected to the war effort, and towns were left to fend for themselves. The Consejo de Economía Local was the administrative body empowered under Republican wartime decrees to authorize and manage these local emissions.
La Gráfica was a local print shop, not a security printer. That matters: these notes were produced without sophisticated anti-counterfeiting measures, and the paper quality varied even within a single print run. The Gari Monetary catalogue reference 600-C suggests multiple variants exist for this series.