25 Céntimos Casas Ibáñez

Casas Ibáñez is a small municipality in Albacete province, and like hundreds of similar councils across Republican Spain in 1937, it issued fractional emergency paper when metallic coinage vanished almost entirely from circulation — hoarded, melted, or simply lost to the chaos of the early war months. These local vales and billetes were strictly municipal obligations, not legal tender beyond the issuing township's limits, and their acceptance depended entirely on local trust rather than any backing authority.

The Gari Montaner reference places this within a catalogued but genuinely extensive series of Albacete provincial issues, many of which survive in tiny quantities because wartime municipal records were poorly kept and redemption, where it happened at all, was chaotic.