1 Peseta Vallclara

Vallclara is a hamlet in the Conca de Barberà comarca of Tarragona with a population that has rarely exceeded a few hundred people. That such a settlement issued its own emergency paper currency is less surprising than it sounds — the Spanish Civil War's breakdown of the Republican monetary supply chain forced thousands of municipalities, including the most obscure, to print their own notes (moneda local) from 1936 onward. Imprenta Mestres in nearby Montblanc was the practical solution for much of the comarca, printing for multiple surrounding councils.

Turró catalogues over 2,600 references for these Catalan municipal issues, which gives a sense of how saturated the series is — rarity for Vallclara is real, driven purely by the tiny quantities originally needed.