50 Céntimos Terrassa

Terrassa's municipal wartime issues of 1937 sit within a vast ecosystem of local Republican emergency currency — the Generalitat de Catalunya had authorized Catalan municipalities to print their own small-denomination notes to address the chronic shortage of coin that followed the July 1936 uprising. Hundreds of ajuntaments took up that authority, producing issues of wildly uneven quality and quantity.

Turró catalogues Terrassa's series with relatively high reference numbers, suggesting later documentation rather than rarity or obscurity. Survival rates for these municipals vary enormously — many were redeemed or destroyed after Franco's forces took Catalonia in early 1939.