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1 Peseta Villarreal

Issuer Consejo Municipal de Villarreal
Year 1937
Type Emergency banknote
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Obverse lettering La Caja Rural U. H. P. Pagará al portador Una Peseta con cargo a la cuenta corriente del Consejo Municipal de Villarreal.
Núm. SERIE A
EL CONSEJERO HACIENDA, EL PRESIDENTE DEL CONSEJO,
P. Reverter V. Costa
(Translation: The Rural Fund U.H.P. Will pay the bearer One Peseta charged to the current account of the Municipal Council of Villarreal. No. Series A. The Finance Councillor, The President of the Council.)
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Signature(s) P. Reverter (Consejero de Hacienda) and V. Costa (Presidente del Consejo)
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Comments

During the Spanish Civil War, scores of Republican municipalities issued their own emergency paper currency after the hoarding of coins — particularly copper and silver — created severe shortages in everyday transactions. Villarreal, a town in Castellón province, was firmly in Republican hands through much of the conflict, and its Consejo Municipal authorized this note under the same legal framework that permitted hundreds of similar local emissions across loyalist Spain.

The Gari Mon catalogue designation places this among the rarer municipal issues from the Valencia region. Two signatories appear: the Consejero de Hacienda and the Council President — a dual-authorization structure common to issues where local officials were anxious to project institutional legitimacy for what was, essentially, improvised money.

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