1 Peseta Lupión

Lupión is a small olive-growing municipality in the province of Jaén, Andalusia, with a population that barely reached a few hundred during the 1930s. Notes like this one — municipal emergency issues known as moneda local or papel moneda municipal — proliferated across Republican-held Spain during the Civil War when coin hoarding and metal requisitioning collapsed small-denomination circulation almost entirely. Hundreds of town councils, worker collectives, and local committees produced their own substitute currency, most of it printed on whatever card or heavy paper was available locally.

The Gari catalog remains the primary reference for these Spanish Civil War municipal issues, and the -B suffix here likely distinguishes a variant — possibly in paper weight, color, or overprint — from another recorded type for the same denomination and issuer.