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25 Céntimos Caravaca
| Issuer | Caravaca, Municipality of |
|---|---|
| Year | |
| Type | Log in to see details |
| Value | 25 Centimos (0.25 ESP) |
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| Composition | Log in to see details |
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| Obverse description | Red letterpress note printed on cream paper, with a rectangular geometric border of repeating square motifs framing the entire perimeter. The face value is integrated into the background design, with the central field carrying the principal legend and authorization text. |
|---|---|
| Obverse lettering | VALE POR 25 CENTIMOS EL PRESIDENTE DEL C. M. (Translation: Voucher for 25 Centimos The President of the M (Municipal) C (Council)) |
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| Comments |
Caravaca de la Cruz issued its own fractional currency during the Spanish Civil War, as did hundreds of other municipalities cut off from reliable central bank supply. These local emissions — often called billetes de necesidad — were produced under improvised conditions, and Caravaca's 25 céntimos issue reflects exactly that urgency. The Gari Monerris catalog is the primary reference for Republican-era Spanish local paper, and the 447-A designation places this firmly within the documented Levante regional emissions.
Survival rates for municipal fractions of this type are erratic — some towns produced thousands, others a few hundred, and wartime destruction of local records makes print run data nearly impossible to reconstruct for Caravaca specifically.