25 Céntimos Ciudad Real

Ciudad Real's municipal council issued these emergency fractional notes — known collectively as papel moneda local — during the Civil War period when coin shortages became acute across Republican-held Spain. The scarcity was partly deliberate: copper and silver had been systematically pulled from circulation to support the war effort, leaving local governments to fill the vacuum with whatever printing resources they had on hand.

Gari Mon#542-A suggests this falls within the better-documented Castilian municipal issues, though Ciudad Real examples surface far less often at auction than comparable notes from Barcelona or Valencia. Condition problems are common — the paper stock used by provincial councils in this period was rarely archival grade.