2 Pesetas Valderrobres

Valderrobres — a small Aragonese municipality near the Matarraña river — issued its own fractional currency during the Civil War because the Republic's coinage had effectively vanished from circulation by 1937, hoarded or melted down as the war ground on. Hundreds of Spanish municipalities did the same, producing emergency local paper in denominations too small for the Generalitat or the Republic's central treasury to bother supplying.

The Gari Monetary catalogue remains the primary reference for these Aragonese municipal emissions, many of which survive in tiny quantities — local print runs were often numbered in the hundreds rather than thousands.