2 Pesetas El Vendrell

El Vendrell is a small Catalan town south of Tarragona, and like hundreds of Spanish municipalities during the Civil War, it issued its own emergency fractional currency after the Republic's metallic coinage disappeared from circulation almost overnight in 1936. The Generalitat de Catalunya nominally oversaw these emissions, but in practice each ajuntament handled design, printing, and distribution locally — which is exactly what happened here, with Barnadas producing the notes on-site in the town itself.

The official stamp is the sole security measure, a detail that tells you everything about the trust economy these notes depended on: they worked because the town knew its own paper.