1 Peseta Toló

Toló is a tiny municipality in the Noguera comarca of Lleida — population well under a thousand even in the 1930s — which makes the existence of a formally issued local emergency note here both entirely typical of Republican Catalonia during the Civil War and quietly remarkable. The Generalitat's breakdown of normal currency supply after 1936 pushed hundreds of municipalities, however small, to print their own paper. Turró catalogs over 2,000 such issues from across Catalonia alone.

Low original print runs combined with minimal post-war preservation interest in these provincial Catalan emissions mean attrition has been severe. The issuing council ceased to function after Nationalist forces took the region in early 1938.