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25 Céntimos Campanario

Issuer Consejo Municipal de Campanario
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Size 91 × 55 mm
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Obverse description Letterpress-printed voucher on buff paper in black ink, with the Republican coat of arms of Spain as a small vignette to the upper left. A horizontal rule separates the issuer's name at the top from the bearer clause and denomination below. To the lower right, a hand-pointing index device (manicule) serves as a decorative ornament. A vertical green stitch or thread mark runs through the centre of the note.
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Reverse description Plain buff paper reverse, largely unprinted, with a faint circular blue municipal validation stamp visible to the left. A prominent hand-stitched green thread runs vertically through the centre fold of the note, serving as a rudimentary anti-counterfeiting or binding measure.
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Comments

Campanario is a small municipality in the province of Badajoz, Extremadura. This note belongs to the wave of locally issued fractional currency that flooded Republican-held Spain from mid-1936 onward, when the Civil War's disruption of the banking system and hoarding of metal coinage created a severe shortage of small change. Municipal councils across Spain — including hundreds of villages with no meaningful financial infrastructure — were left to improvise their own fiduciary instruments.

The hand-stitched thread as a security feature is unusual even within this chaotic series. Most ayuntamiento issues relied solely on a rubber stamp impression. That someone in Campanario took the trouble to stitch thread through the paper suggests either a locally cautious issuing official or a specific problem with counterfeiting within the immediate area.

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