1 Peseta Moreda

Moreda is a small mining town in the Asturian coalfields, and its municipal council issued emergency fractional notes like this one during the Spanish Civil War when Republican-held areas faced acute coin shortages — the metals needed for coinage had other, more pressing uses. Hundreds of Spanish municipalities printed their own scrip between 1936 and 1938, and most circulated only within their immediate locality before becoming worthless after Nationalist consolidation.

Gari Mon 974-B distinguishes a specific variant within the Moreda 1 peseta series, suggesting at least two printings or paper types were documented.