1 Peseta Gata de Gorgos

Gata de Gorgos is a small municipality in the Marina Alta comarca of Valencia, and like hundreds of Spanish towns during the Civil War, its municipal council issued emergency fractional currency in 1937 when Republican-zone coinage effectively vanished from circulation — hoarded, melted, or simply absent. These locally issued pieces, known collectively as "billetes locales" or "moneda municipal," were technically illegal under central Republican banking authority but were tolerated out of pure necessity.

The Garrió catalogue reference places this within a well-documented but thinly surviving series. Small-town Valencia issues from 1937 were printed in low quantities and rarely left their issuing municipality, which cuts both ways on survival rates.