10 Céntimos Cogul

Cogul is a tiny municipality in the Les Garrigues comarca of Lleida, and like hundreds of Catalan and Spanish towns it issued its own fractional emergency currency during the Civil War — peseta coinage having effectively vanished from circulation by 1936–37 as hoarding and metal requisitioning stripped small denominations out of daily commerce. These hyper-local issues, collectively catalogued under the "moneda local" phenomenon, were often produced on whatever card stock or office paper the town hall had to hand.

Turró 849 places this among the lesser-documented municipal emissions. The official stamp is the sole authentication measure — not uncommon for issues from villages where a bank seal and a signature were considered sufficient.