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1 Peseta Malgrat
| Issuer | Malgrat, Municipality of |
|---|---|
| Year | 1937 |
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| Composition | Log in to see details |
| Size | 96 × 57 mm |
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| Obverse description | At left, the municipal coat of arms of Malgrat; at centre, a vignette of the Winged Victory of Samothrace framed by olive and oak branches. The overall layout is consistent with Catalan Civil War-era municipal emergency issues, with textual legends arranged above and below the central composition. |
|---|---|
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| Reverse lettering | 1 Emissió decretada pel Comissari Municipal per tal de substituir la Sèrie A GARANTIDA PEL BANC HISPANO COLONIAL (Translation: Issue decreed by the Municipal Commissioner in order to replace Serie A Guaranteed by the Hispano Colonial Bank) |
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| Comments |
Malgrat de Mar, a small coastal town north of Barcelona, issued its own fractional currency during the Civil War as the Republican monetary system fragmented and small change effectively vanished from circulation. These local municipal notes — known collectively as moneda local or paper de guerra — were produced by hundreds of Catalan municipalities between 1936 and 1939, each essentially operating its own micro-treasury out of necessity.
Turró's catalog documents over 2,400 such emissions from across Catalonia. The Malgrat series is among the more obscure entries, and surviving examples in any condition are infrequently traded.