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0.25 Pesetas Villargordo del Cabriel

Issuer Consejo Municipal de Villargordo del Cabriel (Province of Valencia)
Year 1937
Type Emergency banknote
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Obverse description Plain cream card stock with no printed design, relying entirely on handstamped and manuscript elements for its validity. A large blue oval municipal stamp of the Consejo Municipal de Villargordo del Cabriel is applied to the centre, within which the handwritten face value '0`25' appears in ink. A handwritten authorising signature in ink is placed below the stamp. Four corner punch-holes are visible, likely used for cancellation or binding purposes.
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Reverse description Entirely plain cream card stock, unprinted and bearing no text, stamps, or markings, aside from the four corner punch-holes visible through from the obverse.
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Comments

Villargordo del Cabriel is a small municipality in the interior of Valencia province, and this quarter-peseta token note is exactly what it looks like: a wartime emergency issue produced because the Spanish Civil War had effectively destroyed the small-denomination coin supply by 1937. The Republic's government repeatedly tried to address the problem centrally, but hundreds of municipalities simply printed their own solutions rather than wait.

The square format is notable — most local emergency paper ran rectangular. At 42 × 42 mm, it's as wide as it is tall, almost certainly dictated by whatever card stock was available locally rather than any design intention.

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