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| 正面描述 | Plain cream paper with all text and border printed in green by letterpress. A dotted rectangular border frames the entire face, within which a simpler inner rectangle encloses the legends. The denomination "Vale UNA pta." is set in large bold capitals at centre, flanked above and below by wavy rule dividers, with "Consejo Municipal" at the top and "GUADAHORTUNA" at the foot. |
|---|---|
| 正面铭文 | Consejo Municipal Vale UNA pta. GUADAHORTUNA (Translation: Municipal Council It's worth One Peseta Guadahortuna) |
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Guadahortuna is a small municipality in Granada province, and this note is one of hundreds of emergency fractional issues that flooded Andalusia in 1936–1937 when Republican-controlled localities ran out of small change almost overnight. The central government's silver and copper coinage had effectively vanished from circulation — hoarded, melted, or trapped in Nationalist territory — leaving town councils scrambling to produce anything that could function as a peseta or less.
Local emergency paper of this type was rarely printed by professional firms. Guadahortuna's issues were produced in extremely limited quantities for purely local use, and survival rates are low precisely because nobody thought to preserve them.