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1 Peseta Rasquera

Issuer Ajuntament de Rasquera (Municipality of Rasquera)
Year 1937
Type Emergency banknote
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Obverse description Plain letterpress-printed note in black on cream paper. The Catalan four-bar coat of arms is set within an ornamental frame at upper left, with the text 'GENERALITAT de CATALUNYA' printed vertically along the left margin; the issuing authority's name runs in bold capitals across the top, below which the bearer clause and denomination 'UNA pesseta' appear in large type at centre. A series and serial number line is positioned at lower left, with the numeral '1' and 'PESSETA' at lower right.
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Reverse lettering AJUNTAMENT RASQUERA
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Comments

Rasquera is a small municipality in the Terra Alta comarca of Tarragona, and like hundreds of Catalan and Spanish towns during the Civil War, it printed its own emergency fractional currency when the Republican government's coin supply collapsed after 1936. These municipal notes — called moneda local or vals — were purely internal instruments, accepted only within the issuing town and occasionally in neighboring villages through informal agreement. Turró catalogued over two thousand such issues from Catalonia alone.

The official stamp substituting for a formal security feature is characteristic of the smallest municipalities, which had no access to printing technology beyond a basic press and a rubber seal.

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