1 Peseta Penelles

Penelles is a small agricultural village in the Lleida interior — population a few hundred then as now — and like hundreds of Catalan and Aragonese municipalities in 1937, it issued its own emergency fractional currency when the Republic's small-change supply collapsed under wartime pressure. The Consell Municipal issued these vals under authority granted by the Generalitat de Catalunya, which briefly legitimized a chaotic patchwork of hyper-local scrip across the loyalist zone.

Imprenta A. Figueres in Tàrrega printed emergency paper for several surrounding municipalities during this period, which creates occasional confusion in attribution. The Turró reference system remains the standard catalog for these Catalan civil war locals — without it, many issues from villages this size would be nearly unclassifiable.