0.50 Pesetas Mont-ros

Mont-ros is a tiny municipality in the Pallars Jussà comarca of Lleida, and in 1937 its local council was doing what hundreds of Catalan and Spanish municipalities were forced to do: print its own fractional currency to plug the coin shortage that had gutted small-denomination circulation across Republican-held territory. The silver and copper coins that would have handled transactions under fifty céntimos had vanished into hoarding almost immediately after July 1936.

Josep Güell's print shop in nearby La Pobla de Segur handled a number of these local emergency issues for villages in the surrounding comarca — a useful detail for contextualizing the card stock used, which varies noticeably between Güell-printed issues depending on whatever material was available at the time of the run.