1 Peseta Selgua

Selgua is a small municipality in the Huesca province of Aragon, and like hundreds of Spanish towns during the Civil War, it issued its own emergency paper money when the Republican government's coin supply effectively collapsed after 1936. These municipal notes — known collectively as billetes locales or moneda local — were produced under desperate circumstances, often on whatever paper and printing equipment was available locally. The Gari Monografies reference corpus documents thousands of such issues, most in tiny quantities.

Survival rates for Selgua's notes are low simply because the issuing authority was small and the wartime administrative records that might confirm print runs no longer exist.