25 Céntimos Benipeixcar

Benipeixcar is a tiny agricultural village in the Valencia region, and like hundreds of similarly small Republican municipalities during the Civil War, its local supply committee — jointly run by the anarchist CNT and socialist UGT — issued its own fractional currency when coinage vanished from circulation entirely in 1936–37. The hoarding of metal coins was so severe across Republican Spain that the government effectively authorized these local emissions by default, though many were never formally sanctioned.

The Turró and Gari catalogues between them document thousands of such pieces; this one is among the more obscure, which typically means surviving examples surface rarely and in small quantities.