1 Peseta Puertollano

Puertollano, a mining town in Ciudad Real province, issued its own fractional currency during the Spanish Civil War when the Republic's central authorities could not supply enough small-denomination coinage to keep local commerce functioning. These municipal emergency notes — known collectively as billetes de necesidad — were produced by hundreds of Spanish towns between 1936 and 1939, most with negligible print runs and purely local circulation radiuses.

The Consejo Municipal designation reflects the Republican wartime administrative structure, with town councils assuming responsibilities far beyond their peacetime remit. Puertollano's coal and mineral extraction made it economically significant enough that commercial paralysis from a coin shortage was not a theoretical problem.