10 Centimos La Llacuna; Cooperativa Agrícola

La Llacuna is a small municipality in the Anoia comarca of Catalonia, and like hundreds of similarly sized villages, its agricultural cooperative issued emergency fractional currency during the Civil War years after the Republic's small-change crisis of 1936 left ordinary commerce paralyzed. These locally issued vales were purely functional — accepted within the cooperative's trading network and essentially worthless outside the village boundary.

The thick card stock used here was a practical necessity, not a printing choice. Paper supplies were irregular across Republican-held Catalonia by 1937, and the durability of card helped these tiny notes survive enough handling to actually function as currency.