1 Peseta Rasquera

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.