1 Peseta Pedro Muñoz

Pedro Muñoz is a small agricultural town in La Mancha, and like hundreds of Spanish municipalities during the Civil War, its local council issued emergency fractional notes when Republican-zone coinage effectively vanished from circulation. The Consejo Municipal series from 1937 falls squarely within the broader moneda local phenomenon — a fragmented, improvised response to the coin hoarding and metal requisitioning that paralyzed everyday commerce from 1936 onward.

The thick card stock was a deliberate choice at this scale of production: small print runs on heavier substrate were easier to manage locally and harder to fold into illegibility after a few weeks of market use.