1 Peseta Moratalla

Moratalla is a small municipality in the Murcia region, and like hundreds of Spanish towns during the Civil War, it issued its own emergency paper currency in 1937 when the Republican government's centralized supply of small change completely collapsed. These local issues — known collectively as papel moneda local — were typically authorized under the decree of 21 December 1936, which gave municipalities the right to print their own fractional currency up to certain limits.

The Gari Mon reference places this firmly within the documented corpus, but Moratalla's issues remain genuinely scarce simply because the town's wartime population was small and surviving quantities were never large.