1 Peseta Organyà

Organyà is a small municipality in the Alt Urgell comarca of Catalonia, and like hundreds of Catalan and Spanish Republican towns during the Civil War, it issued its own emergency fractional currency in 1937 when the breakdown of coin circulation left ordinary commerce nearly impossible. These municipally-issued notes — known collectively as moneda local or paper moneda — were authorized under the Generalitat de Catalunya's framework decrees of 1937, which attempted to impose some order on what had already become a chaotic proliferation of local issues.

Organyà's population at the time was well under a thousand. That this note exists at all reflects how thoroughly the monetary system had fragmented by mid-war.