10 Pessetes 2nd Issue

The Consell General — Andorra's parliamentary body, not a bank — issued paper currency during the Spanish Civil War period out of practical necessity. With Andorran commerce tightly linked to both France and Spain, the disruption of supply chains and regional financial instability in 1936 forced the co-principality to produce its own emergency notes. It was a genuinely unusual arrangement: a medieval feudal institution with no central bank improvising a monetary instrument.

This second issue followed closely on the first, suggesting the initial print run was exhausted quickly. Given Andorra's tiny population at the time — fewer than 6,000 inhabitants — the total quantity issued was almost certainly small, which partly accounts for the difficulty in finding survivors today in any reasonable condition.