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1 Peseta La Carolina

Issuer Ayuntamiento de La Carolina
Year
Type Emergency banknote
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Obverse description Letterpress-printed in black ink on plain paper stock, the face is enclosed within a single-line rectangular border. The coat of arms of the Spanish Republic occupies the central vignette, flanked by denomination and issuing authority legends in a spare, utilitarian typeface consistent with wartime emergency production.
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Reverse description The reverse is unprinted, presenting aged, yellowed paper stock with a handstamped serial number at the lower centre, typical of the austere production methods employed for Spanish Civil War-era municipal emergency issues.
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Comments

La Carolina was a planned colonial settlement founded in the Sierra Morena by Carlos III in the 1760s as part of a broader repopulation scheme using German and Flemish settlers. The Ayuntamiento's decision to issue fractional paper currency — almost certainly during the economic paralysis of the Civil War period — reflects a pattern common across Andalusian municipalities when small-denomination coinage vanished entirely from circulation. Local emergency notes of this type were typically authorized, printed, and spent within a radius of a few kilometers.

The Gari Morera catalog remains the primary reference for Spanish Civil War municipal issues, and the -C suffix here indicates a specific variant within the 1 Peseta type for this issuer.

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