1 Peseta Murcia

Murcia was one of dozens of Republican municipalities that printed their own small-denomination notes during the Civil War after the hoarding of coins — driven partly by the peseta's instability and partly by sheer panic buying — created a near-total collapse of fractional currency in circulation. The central government in Valencia repeatedly failed to supply adequate coinage, so local councils stepped in with whatever printing resources they had at hand.

The Gari Mon#983-B designation distinguishes this from at least one other Murcian 1 Peseta type, suggesting multiple print runs or variant issues from 1937 alone — not unusual for emergency municipal paper produced without standardized quality controls.