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25 Céntimos Caudiel

Issuer Cooperativa C.N.T. Caudiel
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Value 25 Centimos (0.25 ESP)
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Obverse lettering Cooperativa C. N. T. CAUDIEL Vale por 25 Céntimos
(Translation: Cooperative C. N. T. Caudiel Voucher for 25 Centimos)
Reverse description Unprinted reverse of coarse fibrous card stock, cream in tone with visible plant fibre inclusions throughout the sheet, consistent with wartime emergency issue materials.
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Comments

Caudiel is a small municipality in Castellón province, and this 25 céntimos piece is among the hundreds of locally issued emergency fractional notes — known as billetes de necesidad — that flooded Republican-held Spain after the July 1936 military uprising. The CNT-affiliated cooperative issued its own scrip because small-denomination coinage disappeared almost immediately from circulation as the war disrupted the monetary system and hoarding took hold within weeks of the coup.

Gari Mon#509-A places this squarely in the documented Valencian Community emergency issues. The thick card format was typical of municipally printed scrip, chosen for durability when proper banknote paper was unavailable.

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