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1 Peseta Vallcebre

Issuer Ajuntament de Vallcebre
Year 1937
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Value 1 Peseta (1 ESP)
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Obverse description Black letterpress text on a light green underprint. A circular vignette with the coat of arms of Catalonia appears to the left, while the right portion carries a rural vignette of pine trees, wheat, and potatoes, reflecting the local agricultural character of Vallcebre. The denomination and municipal authority are stated in Catalan within the central text block.
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Reverse lettering Bitllet de curs local obligatori 1 PTA. / UNA PESSETA
(Translation: Mandatory local currency banknote 1 Peseta / One Peseta)
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Vallcebre is a tiny mountain municipality in the Berguedà comarca of Catalonia, with a population that has never exceeded a few hundred. That a village this small was issuing its own paper currency in 1937 speaks directly to the chaotic monetary fragmentation of Republican-held Spain during the Civil War — the central government in Madrid had effectively lost control of local exchange, and hundreds of Catalan ajuntaments filled the vacuum with emergency notes backed by nothing more than municipal authority.

Printed by El Secretariat Català in Barcelona, this note shares its production house with dozens of other small-town Catalan emissions from the same period. Turró's exhaustive catalog documents over 2,600 such references, and Vallcebre's entry near the end of that numbering reflects just how many municipalities preceded it.

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