1 Peseta Naval

Naval is a small municipality in the Aragonese Pyrenees, and like dozens of anarchist-controlled communities across Republican Spain in 1936–37, it issued its own local currency after the CNT-FAI effectively assumed administrative control following the military uprising. These municipally-issued vouchers — technically exchange certificates rather than banknotes — circulated as substitutes for coin, which had been hoarded or simply vanished from the rural economy within weeks of the coup.

Gráficas Bobés, a Barcelona commercial printer, produced scrip for numerous collectivized communities during this period, which accounts for a certain family resemblance across issues from otherwise unrelated Aragonese villages.