1 Peseta La Puerta de Segura

La Puerta de Segura is a small municipality in Jaén province, Andalusia, and this note is a product of the Spanish Civil War's catastrophic small-change crisis. From 1936 onward, hoarding drained copper and silver from circulation almost entirely, forcing hundreds of town councils — ayuntamientos and consejos municipales — to print their own emergency fractional currency. The Consejo Municipal designation rather than Ayuntamiento suggests the town was operating under a wartime administrative arrangement, likely Republican-controlled at time of issue.

Thick card stock was a common workaround when proper banknote paper was unavailable to small issuers with no access to official printing infrastructure.