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| 背面描述 | Plain cream paper with blue letterpress text centrally arranged. Large numeral '1' appears at left and right flanking the denomination 'PESSETA'. A red serial number is printed above the main text block, with the printer's imprint in small type at lower right. |
| 背面铭文 | Sèrie E 1 PESSETA 1 Emissió feta per acord de l'Ajuntament en la sessió del 15 de Febrer del 1937. De circulació a Valls Imp. Castells-Valls (Translation: Series E 1 Peseta 1 Issued by agreement of the City Council in the session of February 15, 1937 Of circulation in Valls Print. Castells-Valls) |
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One of thousands of small-denomination emergency notes issued by Catalan municipalities during the Civil War, when the Republican zone suffered an acute shortage of fractional currency — coins had been hoarded, melted down, or simply stopped circulating. The Generalitat de Catalunya authorized local governments to fill the gap themselves, which is why notes from towns as small as Valls exist at all. Imprenta Castells was a local commercial printer, not a security press, and the production quality reflects that.
Survival rates for these municipal emissions vary enormously. Many were redeemed and destroyed; others simply disintegrated. The Turró catalog documents over 3,000 distinct Catalan local issues from this period.