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1 Peseta Villanueva de Castellón
| Issuer | Villanueva de Castellón, Municipality of |
|---|---|
| Year | 1937 |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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| Obverse description | Plain cream card stock printed entirely in orange-red letterpress. The face is enclosed within a single rectangular frame, with the issuing authority legend at top, the denomination in large bold type at centre, and the place name with date at the base. |
|---|---|
| Obverse lettering | CONSEJO MUNICIPAL VALE POR UNA Peseta Villanueva de Castellón 1937 (Translation: Municipal Council Valid for One Peseta Villanueva de Castellón 1937) |
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| Comments |
Villanueva de Castellón is a small agricultural municipality in Valencia, and like hundreds of similar towns across Republican Spain, it issued its own emergency fractional currency in 1937 when the coinage shortage became acute. The central government had lost effective control of the money supply at the local level, and municipal councils — often run by anarchist or socialist committees — simply printed what they needed. Thousands of these local issues exist; the vast majority circulated only within the issuing municipality and were never redeemed.
The thick card stock was a practical choice, not an aesthetic one — flimsy paper wore out quickly at low denominations handled constantly in daily market transactions.