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50 Céntimos Cedó

Issuer Ajuntament de Cedó (Municipality of Cedó)
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Size 74 × 46 mm
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Obverse description Plain light-coloured card stock printed in black letterpress throughout. Two mirrored geometric border ornaments — each composed of a repeating scalloped arch motif with small square cartouches — run horizontally across the upper and lower portions of the note, framing the text field. The issuer name 'Poble de Cedó' appears in bold serif type in the upper register, with the denomination 'Val per 50 cts.' set in a larger bold serif font below.
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Reverse description Unprinted verso on plain card stock, validated by a handwritten ink signature across the upper portion and an oval purple municipal stamp in the lower centre bearing the inscription 'MUNICIPI DE CEDÓ' with a hand-stamped serial number within the stamp.
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Comments

Cedó is a village in the Pallars Jussà region of Catalonia with a population that has historically hovered below a few hundred — making this one of the smallest municipal issuers of Civil War-era emergency paper money in Spain. During the 1936–1939 conflict, the collapse of small-denomination coinage prompted thousands of Spanish municipalities, however tiny, to print their own local currency under the broad authorization framework established by the Generalitat de Catalunya. Cedó was among the most marginal of these issuers, and surviving examples are correspondingly rare.

Turró's cataloguing of this piece confirms its legitimacy, but documented circulation evidence is essentially nonexistent.

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