1 Peseta Pinatar

Salinera Española was a salt extraction company operating at San Pedro del Pinatar on the Mar Menor coast of Murcia. Like many Spanish industrial enterprises during the Civil War period, the company issued its own small-denomination emergency scrip when official coinage disappeared from circulation — hoarded, melted, or simply absent in rural and industrial communities cut off from normal supply chains. These vales de empresa, or company tokens in paper form, circulated as de facto wages and were redeemable only within the issuing company's own commercial orbit.

The near-square dimensions are characteristic of hastily produced local scrip, often cut from larger sheets without precise registration.