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0.25 Pesetas La Carolina

Issuer Ayuntamiento de La Carolina
Year
Type Emergency banknote
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Reverse description Plain pink paper reverse, entirely unprinted save for a blue-ink oval municipal validation stamp applied off-centre to the left, with a handstamped serial number printed vertically in black ink to the right of the oval. No additional vignette or text is present.
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Protection type Official stamp
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Comments

La Carolina, a small mining town in the Sierra Morena of Jaén province, issued fractional emergency currency during the Civil War period when metallic coin had effectively vanished from circulation. These ayuntamiento-issued fractional notes — known collectively as billetes locales or moneda de necesidad — proliferated across Republican-held Spain from 1936 onward, each municipality solving the small-change crisis on its own terms. The official stamp served as the primary authentication device, a practical necessity when sophisticated security printing was simply unavailable.

Gari Mon cataloging of this series suggests limited survival rates; most were redeemed or destroyed within their issuing municipality and never traveled far.

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