1 Peseta Orcheta

Orcheta is a small municipality in the Alicante province, and like hundreds of similar towns across Republican-held Spain, its local council issued emergency paper scrip in 1937 when small-denomination coinage effectively vanished from circulation — hoarded, melted, or simply absent. These billetes locales were a purely practical response to the collapse of everyday transactional currency during the Civil War, authorized under Republican decree but designed, printed, and managed entirely at the municipal level.

Production was typically handled by whatever local printer was available, which is why paper quality and print registration vary so dramatically across the series. The Gari Montaner catalogue remains the primary reference for these Spanish Civil War local emissions, many of which survive in tiny quantities simply because the towns that issued them were small.