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1 Peseta Penáguila

Issuer Consejo Municipal de Penáguila
Year 1937
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Value 1 Peseta (1 ESP)
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Reverse description Plain paper reverse bearing an applied oval official stamp of the Consejo Municipal de Penáguila (Alicante) in violet ink, with a coat of arms at its centre, positioned to the left. A manuscript signature appears to the right of the stamp, consistent with hand-signed authorisation practice for Spanish Civil War local emergency issues.
Reverse lettering CONSEJO MUNICIPAL DE PENÁGUILA (Alicante)
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Comments

Penáguila is a small inland municipality in Alicante province, and like hundreds of similar towns during the Spanish Civil War, its municipal council issued emergency fractional currency when Republican-zone coinage effectively vanished from circulation — hoarded, melted, or simply absent. These local emissions, generically termed "billetes municipales de necesidad," were produced ad hoc, usually without professional printing facilities, and Penáguila's series reflects exactly that improvised origin.

The sole security measure is an official stamp — the council seal applied by hand, which varied in placement and ink density from note to note. Gari catalogues this as the B variant, implying at least one distinct issue type for this denomination.

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