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1 Peseta Rafelguaraf

Issuer Rafelguaraf, Municipality of
Year 1937
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Value 1 Peseta (1 ESP)
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Obverse description Note printed in black and brown on a beige ground, with circular guilloche underprint across the central field. The main legend runs horizontally in bold letterpress type, flanked on each side by stylised tree or plant vignettes rendered in brown ink. The overall layout is simple and functional, consistent with locally produced Civil War-era emergency issues.
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Reverse description Printed in black and brown on a beige ground, the reverse carries a wavy-pattern guilloche underprint across the field and a brown single-line rectangular border framing the entire face. The central text is set in letterpress type and records the issuing authority, the denomination, the nature of circulation, and the date of issue.
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Rafelguaraf is a small municipality in the Valencia region, and like hundreds of similar townships during the Spanish Civil War, it issued its own emergency fractional currency in 1937 when the Republican government's coinage had all but vanished from circulation — hoarded, melted, or simply overwhelmed by wartime demand. These local "monedas municipales" filled the gap at the most granular level of daily commerce: bread, transit, small market transactions.

The Turró and Gari catalogues document thousands of such issues, and Rafelguaraf's entry is among the more obscure. Surviving examples are rarely encountered outside specialist collections of Valencian Civil War material.

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