25 Céntimos Barcelona; Unió de Cooperadors

The Unió de Cooperadors de Barcelona was a large consumer cooperative with deep roots in the Catalan workers' movement. When the Spanish Republic's monetary system fragmented in the summer of 1936 following the Nationalist uprising, small change vanished almost immediately from circulation — hoarded, melted, or simply unavailable. Hundreds of Catalan municipalities, cooperatives, trade unions, and businesses filled the vacuum by printing their own fractional notes, a phenomenon the Catalans called "moneda de necessitat."

This 25 céntimos piece is part of that emergency wave. Imprenta Martí, Marí y Cia. was a Barcelona commercial printer, not a security press, which is exactly what you'd expect from a cooperative issuing scrip under wartime conditions rather than deliberate monetary policy.