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1 Peseta Térmens

Issuer Ajuntament de Térmens (Municipality of Térmens)
Year
Type Emergency banknote
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Obverse lettering AJUNTAMENT DE TERMENS VAL 1 Pesseta
(Translation: City Council of Termens Voucher 1 Peseta)
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Reverse lettering TERMENS
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Comments

Térmens is a small municipality in the Noguera comarca of Lleida, Catalonia. This 1 Peseta note belongs to the vast emergency currency issued by Catalan towns during the Spanish Civil War, when the Republican government's inability to maintain small-denomination coinage in circulation forced hundreds of municipalities to print their own paper money. The Generalitat eventually tried to regularize these emissions, but many small-town issues like this one were produced with minimal oversight and survived in tiny quantities.

Turró's catalog documents over 2,400 such emissions — that this one sits at #2453 reflects just how prolific the phenomenon was.

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