0.10 Pesetas Villalonga

Villalonga is a small municipality in the Safor region of Valencia, and like hundreds of Spanish towns during the Civil War, it issued its own emergency fractional currency in 1937 when the Republic's small-change shortage became acute. The Consejo Municipal — the locally controlled republican council — had no access to official coinage, so paper fichas at fractional peseta values became the de facto medium for everyday transactions.

At 40 × 27 mm, this is among the smallest paper issues of the war. Survival rates for these municipal fichas are notoriously uneven; towns that saw heavy fighting or rapid Nationalist takeover often had their local issues destroyed or abandoned wholesale.