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1 Peseta Guardamar del Segura

Issuer Consejo Municipal de Guardamar del Segura
Year 1937
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Value 1 Peseta (1 ESP)
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Obverse description Brown letterpress text on a yellow geometric underprint, with the municipal rhomboid coat of arms of Guardamar del Segura at centre. The face value numeral and written denomination appear within the central vignette, surrounded by a radiating geometric background pattern. The date of issue and bearer clause are printed in brown across the note.
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Reverse description Green and yellow bicolour letterpress design centred on a large oval guilloche vignette containing a white rhombus with the numeral "1" above the word "PESETA". Two decorative ribbon banners arc above and below the oval, carrying the issuer name and town name respectively, set against a radiating sunburst underprint that fills the rectangular border.
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Comments

Guardamar del Segura is a small coastal municipality in Alicante province, and like hundreds of Spanish towns it resorted to issuing its own emergency fractional currency during 1937 when the Republican government's coin shortage became acute. The Consejo Municipal — essentially the local wartime governing body — had no banking infrastructure behind these notes, only the authority of a municipality trying to keep local commerce moving while the war consumed metal.

Provincial emergency issues of this type were officially tolerated but never formally guaranteed by the Republic. Redemption after the Nationalist victory was simply not an obligation anyone honored.

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