1 Peseta Ripoll

Ripoll's locally printed emergency notes of 1937 belong to the vast category of Catalan wartime moneda local — small-denomination paper issued by municipalities, cooperatives, and even village councils when Republican Spain fractured the currency supply during the Civil War. The Generalitat de Catalunya had authorized local bodies to issue their own currency as early as 1936 to fill the void left by hoarded coin. Ripoll's issuer, the Cooperativa d'Arts Gràfiques, was not merely the printer but an integral part of the local Republican economic structure — a workers' printing cooperative producing the very scrip that kept local commerce moving.

Most Catalan local issues were demonetized and destroyed after the Nationalist victory in early 1939, which accounts for the relative scarcity of intact examples across the entire series.