25 Céntimos Agullent

Agullent is a small municipality in the Valencia province, and like hundreds of Spanish towns during the Civil War, its municipal council issued emergency fractional currency in 1937 when Republican Spain's small-denomination coinage had effectively vanished from circulation — hoarded, melted, or simply exhausted by wartime demand. These local emergency issues, known collectively as "moneda local de necessitat," were produced under wildly varying conditions; Agullent's are among the smaller and more obscure examples in the Valencian series.

The Turró and Gari catalogues both list this piece, but surviving specimens are rarely offered — Agullent had a wartime population of only a few thousand, limiting total production runs substantially.