0.25 Pesetas Pobla de Segur

Pobla de Segur is a small town in the Pallars Justerà comarca of Lleida, and this quarter-peseta note is a product of the Republican zone's acute small-change crisis during the Spanish Civil War. With coins hoarded or melted and the central government unable to supply adequate fractional currency to remote areas, hundreds of Catalan municipalities issued their own emergency paper — locally called moneda de necessitat. The Junta Gestora Municipal, itself a wartime administrative body, had the authority to issue because regular elected councils had been reorganized under Republican emergency governance.

Turró catalogues over two thousand such local issues from the 1936–1939 period. That this one reached number 1929 in that sequence says something about how deep into the Catalan hinterland the phenomenon reached.