10 Centimos Guíxols; E. Carerach

Sant Feliu de Guíxols, a small coastal town in Girona province, was among hundreds of Catalan municipalities that issued their own emergency fractional currency during the Spanish Civil War after the Republican government's coinage collapsed from hoarding and metal shortages. These local emissions — known as *moneda local* or *paper moneda* — were authorized under a 1936 Generalitat de Catalunya decree that briefly legitimized what was already happening spontaneously across the region.

E. Carerach appears to have been a local commercial or industrial entity rather than a municipal authority, placing this among the rarer privately-backed emissions from the period. The Álvarez reference AL#2036 confirms catalogued status, but survival rates for these Guíxols issues are low — the denomination's purchasing power was negligible even at issue.