25 Céntimos Beniarrés

Beniarrés is a village in the comarca of El Comtat, Valencia, with a population that barely exceeded a thousand during the Civil War years. Like hundreds of other Republican municipalities cut off from reliable coin supply after 1936, the local council issued its own fractional paper currency — a direct consequence of hoarding that stripped small denominations almost entirely from circulation within months of the military uprising.

Tipografía Lucentum was an Alicante commercial printer, not a security printing house. The designer credit to A. Marco almost certainly refers to a local commercial artist rather than a specialist engraver.