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1 Peseta Sagunto; replica
| Issuer | Consejo Municipal de Sagunto |
|---|---|
| Year | 2003 |
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| Composition | Paper |
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| Obverse description | Reddish-brown letterpress print on beige paper, with an ornamental plant border framing the entire note. The municipal arms of Sagunto appear within a central circle, surrounded by typeset text in multiple registers. Replica markings "RCM-FNMT" and "AÑO 2003" are printed in the lower portion. |
|---|---|
| Obverse lettering | CONSEJO MUNICIPAL DE SAGUNTO SERIE A PAPEL MONEDA UNA PESETA DE CURSO LOCAL El Presidente El Delegado de Hacienda El Interventor El Depositario Sagunto 25 de Junio 1937 RCM-FNMT AÑO 2003 (Translation: Municipal Council of Sagunto. Paper money. One Peseta of local tender. The President. The Treasury delegate. The auditor. The depositary. Sagunto, June 25, 1937) |
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| Comments |
Sagunto, Valencia, was among hundreds of Spanish municipalities that issued emergency paper money during the Civil War — local currency to keep commerce functioning when coin disappeared almost entirely from circulation. The originals from that period are legitimate numismatic artifacts of a chaotic monetary improvisation. This 2003 piece is an authorized replica produced by the FNMT, Spain's national security printer, most likely for a commemorative or cultural purpose rather than any monetary function.
The watermark is a curious inclusion — a security feature on a note never intended to deceive, presumably carried over to lend the replica production values consistent with the FNMT's standard output.