1 Peseta Montmany-Figaró

Montmany-Figaró is a small municipality in the Vallès Oriental comarca of Catalonia, and like hundreds of similarly minor local authorities during the Spanish Civil War, it issued its own emergency paper currency when Republican-controlled regions faced a near-total collapse of small-denomination coinage. These municipally issued notes — collectively catalogued under the billetes locales heading — were a purely practical response to hoarding and silver flight, not a political statement by any individual town. The Generalitat de Catalunya sanctioned the practice in 1937, which is why so many of these tiny issues share the same year.

Turró 1581 is among the less documented of the Catalan municipal series; surviving examples are scarce simply because the issuing population was small and redemption rates after the Nationalist victory were effectively nil.