1 Peseta Villamayor de Santiago

Villamayor de Santiago is a small municipality in Cuenca province, and like hundreds of Spanish towns during the Civil War, it issued its own local emergency currency when the Republic's central supply of small change collapsed under wartime disruption. These ayuntamiento notes were stopgap instruments, typically authorized under the decree frameworks of 1936–37 that permitted local bodies to print fractional currency to keep commerce moving. Most were printed by whatever means were locally available — hand stamps, basic letterpress, or even typewritten stock — and redeemed, theoretically, once normal coinage returned.

The Gari Monereo catalog reference places this squarely within the documented Castilla-La Mancha emissions, though survival rates for single-municipality Republican-era notes are erratic; many towns never formally recalled their issues.