1 Peseta Montcada i Reixac

One of hundreds of emergency municipal issues that flooded Catalonia during 1936–37, when the collapse of small-denomination coinage — accelerated by wartime hoarding and the Republican government's inability to supply adequate fractional currency — forced individual towns to print their own. Montcada i Reixac, a small industrial municipality just north of Barcelona, issued this peseta through Grafos, a Barcelona printing house that had been collectivized under anarcho-syndicalist control following the July 1936 revolution.

Turró catalogues well over a thousand distinct Catalan municipal issues from this period; number 1557 places Montcada i Reixac deep into what was a massive, largely uncoordinated local monetary improvisation.