25 Céntimos Cortes de Pallás

Cortes de Pallás is a small municipality in the interior of Valencia province, and like hundreds of similar councils across the Republican zone, it issued its own fractional paper currency during 1937 when the acute shortage of small coin made everyday commerce nearly impossible. These municipal emergency notes — collectively catalogued under the broader *billetes locales* phenomenon — were produced under wartime conditions, often locally printed with minimal security features and issued in tiny quantities matched to village-scale economies.

The Gari Montañá reference number is unassigned, which typically indicates the piece was recorded too late for full catalogue integration or remains insufficiently documented for series placement.