1 Peseta Fuente de Pedro Naharro

Fuente de Pedro Naharro is a small municipality in Cuenca province, and this 1 Peseta note is one of hundreds of locally issued emergency currencies that flooded Republican-held Spain during the Civil War. By 1937, the collapse of small-denomination coinage — hoarded, melted, or simply absent — forced municipalities, trade unions, and cooperatives across the Republican zone to print their own scrip. This piece was issued by the workers' cooperative, not a municipal body, which places it squarely within the anarcho-syndicalist and socialist cooperative movement that ran much of the local economy behind the front lines.

Gari's cataloguing of these vales is the primary scholarly reference; even so, condition data for Cuenca province issues is thin, as survival rates were poor and post-war possession of Republican scrip carried obvious risks.