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1 Peseta Velefique

Issuer Consejo Municipal de Velefique
Year
Type Emergency banknote
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Obverse lettering VALE 1 PESETA CONSEJO MUNICIPAL DE VELEFIQUE VALOR DEPOSITADO REINTEGRABLE EN BILLETES DEL BANCO DE ESPAÑA Papeleria Lacoste - Almeria
(Translation: It is worth 1 Peseta Municipal Council of Velefique Deposited value refundable in Bank of Spain notes)
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Protection description Oval municipal control stamp applied in blue-violet ink on the reverse as authentication
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Comments

Velefique is a village in the Sierra de los Filabres, Almería province, with a population that never exceeded a few hundred during the 1930s. This note was issued by its municipal council during the Spanish Civil War, when the Republic's small-denomination coinage vanished almost entirely from circulation — hoarded, melted, or simply lost in the chaos — and hundreds of Spanish municipalities were forced to print their own emergency fractional currency. Papelería Lacoste in Almería supplied several such councils across the province.

The Gari Montllor catalogue documents two varieties for this issue; this is the B type.

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