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25 Céntimos Benifayó

Issuer Benifayó, Municipality of
Year 1936
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Composition Paper
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Obverse lettering SEPTIEMBRE 1936 25 CÉNTIMOS BENIFAYÓ
(Translation: September 1936 25 Centimos Benifayó)
Reverse description Single-colour letterpress note printed in violet, with a decorative border of floral and fruit motifs enclosing a central vignette of a bare-chested male figure raising a clenched fist while ploughing the land with a horse, a motif emblematic of Republican labour iconography. Denomination inscriptions appear in both numeral and word form at multiple points within the design.
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Comments

Benifayó is a small municipality in the Valencian Community, and like hundreds of similar towns across Republican Spain, it issued its own emergency fractional currency in the summer and autumn of 1936 after the outbreak of the Civil War caused a near-total disappearance of small-denomination coinage from circulation. Hoarding, requisitioning, and the sudden monetization of war stripped towns of their transactional change almost overnight.

These municipal paper issues — vales, as they were commonly called — were technically illegal tender beyond their issuing locality, redeemable only at the local ayuntamiento. Survival rates vary enormously by town; smaller print runs and local redemption drives destroyed most.

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