0.25 Pesetas Rajadell

Rajadell is a small municipality in the Bages comarca of Catalonia, and like hundreds of other Catalan and Spanish Republican towns, it issued its own fractional emergency currency during the Civil War after the Nationalist blockade and general economic disruption caused a catastrophic shortage of small-denomination coinage. These local wartime issues — known collectively as moneda local or paper moneda — were authorized under Republican emergency provisions and were technically only valid within the issuing municipality's boundaries.

Turró catalogues over 2,000 such issues, and Rajadell's 25 céntimos sits among the more obscure entries — a village council printing to keep local commerce functional. Surviving examples tend to show heavy handling; these circulated hard in small communities where every céntimo mattered.