1 Peseta Moncortès

Moncortès de Pallars is a small municipality in the Pallars Sobirà comarca of Lleida — population measured in dozens, not thousands. During the Spanish Civil War, acute coin shortages pushed hundreds of Catalan municipalities, including the most obscure, to issue their own emergency paper fractional currency under the general authorization granted by the Generalitat de Catalunya in 1937. These locally produced notes, collectively catalogued under the Turró reference system, were valid only within the issuing municipality and typically saw only months of practical use before the Nationalist advance rendered them worthless.

Thick card stock was the common production choice for notes this small — easier to handle than thin paper at postage-stamp dimensions, and less likely to disintegrate after a few weeks in circulation.