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25 Céntimos Malgrat

Issuer Malgrat, Municipality of
Year 1937
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Currency Peseta (1936-1939)
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Obverse description Municipal coat of arms at left, alongside a vignette reproducing the Winged Victory of Samothrace sculpture, framed by olive and oak branches. The design reflects the Republican-era civic iconography common to Catalan emergency issues of the Civil War period.
Obverse lettering AJUNTAMENT DE MALGRAT 0`25 VINT-I-CINC CENTIMS Segons acord de 26 de Maig del 1937
(Translation: City Council of Malgrat Twenty-five Centimos According to agreement of May 26, 1937)
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Comments

One of hundreds of locally issued emergency fractional notes — billetes de necesidad — printed by Catalan municipalities during the Civil War after metallic coinage effectively vanished from circulation. Malgrat, a small coastal town north of Barcelona, issued its own scrip when the Republican government proved unable to supply sufficient small change to the provinces. These municipal emissions were technically unauthorized at the national level but tolerated out of necessity.

Turró catalogues this as a single-denomination issue, suggesting Malgrat's emission program was minimal — likely a short print run that saw heavy local use before being rendered obsolete by the Generalitat's own fractional currency efforts later in 1937.

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