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| 背面描述 | At centre, the coat of arms of Catalonia serves as the principal emblem. To the left appears a vignette of Jaume Espinosa's textile factory, while to the right an allegorical composition represents industrial, agricultural, and scientific endeavour through an arrangement of associated objects and tools. The layout is characteristic of the typographic and illustrative style used in Spanish Civil War-period local emergency currency. |
| 背面铭文 | 25 cèntims BITLLET DE CURS LOCAL OBLIGATORI PUIG-ALT DE TER, 4 DE JULIOL 1937 (Translation: 25 Centimos Mandatory local course banknote Puig-Alt de Ter, July 4, 1937) |
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Puig-Alt de Ter is a small municipality in the Ripollès comarca of Catalonia, and like hundreds of similarly modest towns it was forced to produce its own fractional currency during the Republican period of the Civil War after the withdrawal of metallic coinage from circulation. The Generalitat de Catalunya had authorized local emergency issues in 1937, which effectively handed monetary improvisation to village councils with no banking infrastructure whatsoever.
Printed by the Cooperativa d'Arts Gràfiques in nearby Ripoll, this note belongs to a hyperlocal issuing tradition so fragmented that individual municipal series can be traced to single press runs of a few hundred pieces.