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50 Céntimos Palamós

Issuer Ajuntament de Palamós (Municipality of Palamós)
Year 1937
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Value 50 Centimos (0.50 ESP)
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Reverse description A standing female allegorical figure holds a cogwheel in the foreground, evoking labour and industry, while factory buildings with smoking chimneys occupy the middle ground and a coastal port scene with a moored vessel recedes into the background. The denomination '0`50' appears within the composition alongside the authorizing legend in Catalan. The vignette as a whole reflects the dual maritime and industrial identity of Palamós in a style consistent with Catalan Republican graphic arts of the period.
Reverse lettering AJUNTAMENT PALAMOS VAL autoritzat per a circular lliurement en tot el terme municipal de Palamós. 0`50
(Translation: City Council Palamós Voucher authorized to circulate freely throughout the municipal term of Palamós.)
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Palamós is a small coastal municipality in the province of Girona, and like hundreds of other Catalan towns during the Civil War, its ajuntament issued its own emergency fractional currency in 1937 when Republican-zone coinage effectively vanished from circulation — hoarded, melted, or simply absent. These locally issued notes, known collectively as moneda local or paper moneda, were a practical municipal response rather than any coordinated monetary policy.

Turró's catalog documents over two thousand such emissions from across Catalonia alone. The sheer volume means individual pieces from minor municipalities like Palamós attract specialist collectors rather than broad demand, and survival rates vary wildly depending on how aggressively the issuing town recalled and destroyed its stock after the war.