0.25 Peseta Foz-Calanda

Foz-Calanda is a small municipality in the Bajo Aragón comarca of Teruel province, and like hundreds of similar towns across Republican Spain, it resorted to locally printed fractional notes during the Civil War when coin shortages became acute. The central government's inability to maintain adequate small-denomination coinage in circulation forced municipal councils — the Consell, Ajuntament, or Consejo depending on region — to become de facto issuers almost by necessity.

The control stamp is the only security measure here, which was entirely typical of these emergency emissions. Gari Montllor's cataloguing of the Aragonese series documents significant variation in stamp placement and ink color across surviving specimens.