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1 Peseta Zarra

Issuer Pascual Rubio Estanco, Zarra
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Value 1 Peseta (1 ESP)
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Obverse description Plain white paper note printed in black letterpress throughout. A decorative border of small repeated circular dots, with corner ornaments, frames the entire note. The issuer's name 'PASCUAL RUBIO' appears in bold mixed-case serif type at the top, followed by 'ESTANCO' and 'ZARRA' on the second line separated by a row of dots; below, 'VALE' is set to the left and the denomination 'Una PESETA' is rendered in a large display typeface across the lower half.
Obverse lettering PASCUAL RUBIO ESTANCO ZARRA VALE Una PESETA
(Translation: Pascual Rubio Tobacco shop ZARRA It's worth One Peseta)
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Comments

Zarra is a small municipality in Valencia's inland comarca of Ayora-Cofrentes, and this note is one of thousands of hyper-local emergency issues produced across Republican Spain during the Civil War after the hoarding of metallic coin stripped small communities of any practical means of exchange. Estancos — state-licensed tobacco shops — were among the more unusual issuers, their proprietors issuing scrip on personal authority simply to keep commerce moving at the village level.

The Gari Mon census, which remains the primary reference for these Valencian municipales, lists this as catalogue number 1653-C, implying at least two earlier varieties from the same issuer.