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1 Peseta Moral de Calatrava

Issuer Consejo Municipal de Moral de Calatrava
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Value 1 Peseta (1 ESP)
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Obverse description Printed in black on cream card stock, the design is organized into two framed registers separated by a plain border. The upper, larger panel carries the issuer name in bold block lettering flanked by decorative foliate scroll ornaments at each corner. The lower panel bears the denomination UNA PESETA in large letterpress text within a double-ruled frame, below which three manuscript signatures appear under the printed titles EL INTERVENTOR, EL ORDENADOR, and EL DEPOSITARIO.
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Reverse lettering 1 CONSEJO MUNICIPAL MORAL DE CALATRAVA
(Translation: Municipal Council Moral de Calatrava)
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Comments

Moral de Calatrava is a small agricultural town in Ciudad Real province, and like hundreds of similar municipalities across Republican Spain, it printed its own emergency fractional currency during the Civil War when coin — particularly low-denomination bronze and copper — vanished from circulation almost entirely by 1937. These hyper-local emissions were a practical stopgap, not a monetary experiment. The thick card stock was deliberate: ordinary paper disintegrated too quickly in daily market use.

Survival rates for Moral de Calatrava issues are low. Small-town Spanish Civil War cartones were often redeemed and pulped, or simply lost when the Nationalist advance made Republican local currency worthless overnight.

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