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1 Peseta Elda
| Issuer | Elda, Municipality of |
|---|---|
| Year | 1937 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Peseta (1936-1939) |
| Composition | Log in to see details |
| Size | 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 | LA DEPOSITARÍA DEL CONSEJO MUNICIPAL DE ELDA PAGARÁ AL PORTADOR EN BILLETES DEL BANCO DE ESPAÑA UNA PESETA ELDA Y MAYO 1937 (Translation: The Depositary of the Municipal Council of Elda will pay the bearer in banknotes of the Bank of Spain One Peseta. Elda, May 1937) |
| Reverse description | Log in to see details |
| Reverse lettering | 1 DE CURSO OBLIGATORIO EN ELDA (Translation: 1 [Peseta]. Of mandatory circulation in Elda) |
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| Variants | Log in to see details |
| Comments |
Elda, an espadrille and shoe manufacturing town in Alicante province, was one of hundreds of Spanish municipalities forced to issue emergency fractional currency during the Civil War after the Republic's small-denomination coinage effectively vanished from circulation — hoarded, melted, or simply absorbed by wartime chaos. These local issues, collectively known as "moneda municipal" or "billetes locales," were authorized under Republican decree but designed and printed at the municipality's own expense and discretion, which explains the enormous variation in quality across the series.
Gari Mon 601-B indicates a second type within the Elda issue, suggesting at least one earlier variant exists for this denomination.