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1 Peseta Navalucillos

Issuer Consejo Municipal de Navalucillos
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Value 1 Peseta (1 ESP)
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Obverse description Plain cream stock printed entirely by letterpress in dark blue ink, with the issuer inscription 'CONSEJO MUNICIPAL / NAVALUCILLOS (TOLEDO)' set in bold capitals across the upper field, separated from the body text by a horizontal rule. The central legend reads 'Vale por UNA peseta' in mixed roman and bold type, with the digit '1' at lower left and a sequential serial number at lower right. Two manuscript signatures appear below, accompanied by the printed designations 'El Presidente' and 'El Cajero'.
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Reverse lettering 1 Pta.
(Translation: 1 Peseta)
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Comments

One of hundreds of emergency municipal issues that flooded Spain during the Civil War after the Republic's decree of June 1937 officially authorized local authorities to produce fractional currency. The chronic shortage of small change — caused partly by hoarding, partly by the disruption of the Mint — forced towns and villages across Republican-held territory to print their own, often with rudimentary means. Navalucillos, a small municipality in the province of Toledo, was well within the zone where this problem was acute.

These hyper-local issues were never meant to travel far, and most were redeemed or simply discarded when central supply recovered. Survivors are scarce not because of rarity at printing, but because no one thought to keep them.

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