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1 Peseta Villanueva de la Serena
| Issuer | Villanueva de la Serena, Municipality of |
|---|---|
| Year | 1937 |
| Type | Log in to see details |
| Value | 1 Peseta (1 ESP) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 1`00 El Consejo Municipal Local PAGARÁ AL PORTADOR UNA PESETA Villanueva de la Serena 5 de Agosto, 1937 (Translation: The Local Municipal Council Will pay the bearer One Peseta Villanueva de la Serena, August 5, 1937) |
| Reverse description | The reverse is otherwise blank, authenticated by a violet oval official municipal treasury stamp reading "Ayuntamiento de Villanueva de la Serena / DEPOSITARIA", with a serial number hand-stamped in black ink at upper centre. |
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| Comments |
Villanueva de la Serena, a small Extremaduran town on the Republican side of the front, issued its own fractional paper currency in 1937 as the civil war severed normal coin supply chains. Municipal emergency notes of this type were authorized under the Republic's 1937 decree permitting local authorities to issue low-denomination scrip to prevent economic paralysis — small change had essentially vanished from circulation across Republican-held Spain by mid-war.
The Gari Monetary catalog classification confirms this as the third subtype in the series, suggesting at least minor variant issues exist under the same authorization.