50 Céntimos Montblanc

Montblanc is a small medieval walled town in the Conca de Barberà comarca of Tarragona province, and like hundreds of Catalan municipalities during the Civil War, its ajuntament issued fractional emergency paper when the Republic's small coinage vanished from circulation after 1936 — hoarded, melted, or simply absorbed by the chaos of wartime supply. The Generalitat had authorized local authorities to fill the gap, producing a flood of municipal notes across Catalonia that varied wildly in printing quality and official seriousness.

Turró 1540 is among the more obscure entries in that canon. Municipal issues from small inland towns in this denomination were printed in low quantities and circulated narrowly — often only within the issuing municipality itself — which paradoxically makes survivors scarcer than better-documented urban issues.