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| 正面描述 | Typeset letterpress note printed in black on plain paper, enclosed within a double rectangular border composed of small interlocking squares. The background is filled with a repeating pattern of interlocking circles serving as a rudimentary guilloche underprint. All text is arranged in centered lines within the frame, with the denomination numeral and full legal text of the municipality's payment obligation set in varying type sizes. |
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| 正面铭文 | 50 Cts. L`AJUNTAMENT DE LLORENÇ DEL PENEDÈS PAGARÀ AL PORTADOR 50 CÈNTIMS MARÇ DEL 1937 AQUEST BITLLET SERÀ VÀLID FINS QUE L`AJUNTAMENT ACORDI RETIRAR-LO DE CIRCULACIÓ (Translation: 50 Centimos The City Council of Llorenç del Penedès Will pay the bearer 50 Centimos March 1937 This note will be valid until the City Council agrees to withdraw it from circulation) |
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Llorenç del Penedès is a small municipality in the Baix Penedès comarca of Tarragona province, and like hundreds of Catalan and Spanish towns during 1936–1938, its ajuntament issued local emergency fractional currency after the Republican government's chronic shortage of small-denomination coin left everyday retail transactions effectively paralyzed. These municipal vales were technically illegal under central government regulations but were tolerated — then intermittently suppressed, then tolerated again — as no practical alternative existed.
Imprenta Sugrañes in Tarragona produced notes for numerous local authorities across the province during this period, which means wear patterns and paper quality vary considerably depending on circulation intensity rather than print run size. Turró catalogues this as #1369.