0.25 Pesetas Llosa de Ranes

Llosa de Ranes is a small municipality in the Valencian province of València, and like dozens of similarly sized towns, it issued emergency fractional currency during the Spanish Civil War to address the near-total disappearance of small coinage from circulation. The Republican government's inability to supply adequate change drove municipal councils across the region to print their own — the result was an enormous variety of hyper-local notes, many produced on whatever card stock was available at the time.

The Turró catalogue (PV#917) documents this specific issue within the broader Valencia province emergency series. At 50 × 35 mm on thick card, it was essentially a cardboard token passing as money.