25 Céntimos Noves de Segre

One of hundreds of municipal emergency notes issued across Republican-held Catalonia during the Civil War, when the collapse of small-denomination coinage left local commerce effectively paralyzed. The Generalitat had authorized municipalities to print their own fractional currency, which produced an extraordinary patchwork of hyper-local paper — villages of a few hundred inhabitants issuing their own céntimos through whatever printer was available. Noves de Segre, a small municipality in the Alt Urgell comarca, was no exception.

The C.A.M. imprint connects this note to a Barcelona-based administrative press that handled a substantial volume of these commissions across multiple municipalities, suggesting a degree of coordinated production behind what looks, on the surface, like improvised local issuance.