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1 Peseta Picaña
| Issuer | Consejo Municipal de Picaña |
|---|---|
| Year | 1937 |
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| Composition | Log in to see details |
| Size | 63 × 45 mm |
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| Obverse description | Typeset letterpress design printed in black on cream card stock. To the left, the denomination word 'UNA' is set in a large, bold condensed typeface occupying the full height of the note. To the right, the issuing authority 'Consejo Municipal de PICAÑA' appears in graduated type sizes, with 'PICAÑA' as the dominant element, and the face value 'peseta' set in bold beneath a separating rule. |
|---|---|
| Obverse lettering | UNA peseta Consejo Municipal DE PICAÑA (Translation: One Peseta Municipal Council of Picaña) |
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| Comments |
Picaña is a small municipality in the Valencian Community, and like hundreds of similarly sized Spanish towns, it issued its own emergency paper money during the Civil War after the Republic's central supply of small coinage collapsed entirely. The Consejo Municipal — the locally administered republican council — effectively became a de facto monetary authority out of necessity, not design.
The thick card stock construction was deliberate: thinner paper wore out fast in everyday market transactions, and these notes had to function as genuine small-change substitutes. The Turró and Gari Mon references confirm this as a documented Valencian issue, but surviving examples in any condition are uncommon given the limited original print run and the chaos of the post-war period.