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1 Peseta Olot

Issuer Consell Municipal d'Olot
Year 1937
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Shape Rectangular
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Obverse lettering 1 CONSELL MUNICIPAL D'OLOT EL Consell Municipal d'Olot reconeix a favor del portador la quantitat de UNA PESSETA OLOT, 1 de MARÇ 1937 Bitllet de curs local obligatori
(Translation: Municipal Council of Olot The Municipal Council of Olot recognizes in favor of the bearer the amount of One Peseta Olot, March 1, 1937 Mandatory local currency banknote)
Reverse description A landscape vignette in the manner of Olot School painter Joaquim Vayreda, reproduced after a drawing by Barcelona artist Xavier Nogués, occupies the central field of the reverse. The composition reflects the naturalist tradition associated with the Olot painters, rendered within the constraints of local emergency issue printing. Series letter, serial number, and mandatory currency legends are printed around the vignette.
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Comments

One of hundreds of municipal emergency notes issued across Republican-held Catalonia during the Civil War, this Olot peseta exists because the Republic's central supply of small coinage had effectively collapsed by 1937 — hoarding and wartime disruption had stripped fractional currency from circulation almost entirely. Local councils were formally authorized to fill the gap themselves.

Seix i Barral was primarily a book publisher, not a security printer. That a literary and commercial press in Barcelona was producing municipal fiduciary notes tells you something about how improvised the whole operation was.

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