2 Pesetas Totana

Totana is a small agricultural municipality in Murcia, and like hundreds of Spanish towns during the Civil War, it issued its own emergency paper money in 1937 when the Republican government's centralized currency supply broke down entirely. These local issues — known collectively as papel moneda local — were produced with whatever printing resources the town had available, typically a local press with no security printing capability whatsoever.

The Garrido Montón reference places this squarely within that Republican zone emergency corpus. Surviving examples frequently show heavy wear; these notes circulated hard in a small, economically stressed community before losing all validity at the war's end.