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1 Peseta Pau

Issuer Consell Municipal de Pau
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Shape Rectangular
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Reverse description Light green geometric guilloche underprint forms the background, with a central oval vignette in a slightly deeper tone. Brown letterpress denomination numeral and text are arranged vertically within the oval, with the mandatory circulation notice set below in two lines, and a double dash device at the foot.
Reverse lettering 1 Pesseta de curs obligatori dintre el terme municipal de Pau
(Translation: 1 Peseta Mandatory course within the municipality of Pau)
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Pau is a small municipality in the Alt Empordà comarca of Catalonia, and this note is one of hundreds of hyperlocal emergency issues produced by Catalan town councils during the Spanish Civil War. When the Republican government's central banking system buckled under wartime pressure, municipalities were authorized — and in practice forced — to print their own fractional currency to keep local commerce functioning. The Consell Municipal de Pau issued this 1 Peseta to fill that gap.

Turró catalogues these Alt Empordà issues systematically, but survival rates for small-town wartime paper are uneven at best.