1 Peseta Iborra

Ivorra is a village in the Segarra comarca of Catalonia with a population that has rarely exceeded a few hundred souls. During the Spanish Civil War, the Republican government's 1936 decree authorizing municipalities to issue emergency small-change notes — the Generalitat de Catalunya having its own parallel authorization — produced thousands of local issues, most in tiny print runs. Ivorra's 1 Peseta falls squarely into this category: hyperlocal fiduciary paper issued to solve a coin shortage that afflicted the entire Republican zone from mid-1936 onward.

The Turró reference corpus documents these Catalan municipal issues exhaustively, and Ivorra's placement at #1271 puts it deep in a long sequence of village-level emissions. Survival rates for these notes vary wildly — some villages printed dozens, others thousands.