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50 Céntimos Malgrat
| Issuer | Ajuntament de Malgrat |
|---|---|
| Year | 1937 |
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| Currency | Peseta (1936-1939) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | L'Ajuntament de Malgrat 50 cts. reconeix a favor del portador la quantitat de cinquana cèntims en virtud d'acord de 26 de Maig 1937 (Translation: The City Council of Malgrat 50 Centimos recognizes in favor of the bearer the amount of Fifty Centimos by virtue of agreement of May 26, 1937) |
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| Reverse lettering | Série A. Núm. [serial number] Bitllet de curs obligatori a Malgrat (Translation: Series A. No. [serial number] Mandatory course banknote in Malgrat) |
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| Comments |
Malgrat de Mar, a small coastal municipality north of Barcelona, issued its own fractional currency during the Civil War because the Republic's central supply of small-change coinage had effectively collapsed by 1937. Hundreds of Catalan municipalities did the same under a Generalitat framework that tolerated — if never formally sanctioned — this proliferation of local paper. The Ajuntament issues were fiduciary obligations against the town's own accounts, redeemable in theory but rarely honoured after the Nationalist victory.
Turró catalogues this as #1407, placing it within a documented but thinly surviving group. Municipal fractionals from towns this small were printed in short runs and circulated hard within a tight geographic radius.