0.25 Pesetas Navalvillar de Pela

Navalvillar de Pela is a small municipality in Badajoz province, Extremadura. Like hundreds of Spanish towns during the Civil War, it issued fractional paper currency to address the acute shortage of small change that followed the hoarding and melting of metal coinage after July 1936. These hyper-local emissions were technically illegal under Republican treasury rules but were tolerated out of practical necessity.

The Gari Monerris reference being incomplete suggests this piece hasn't been fully catalogued — or that surviving examples are rare enough that documentation remains thin.