25 Céntimos Finestrat

Finestrat is a small municipality in the Alicante province, and like hundreds of similarly modest Spanish towns during the Civil War, it was forced to produce its own emergency fractional currency when coin shortages became acute after 1936. The Republican government's inability to maintain adequate small-denomination coinage in circulation pushed the burden of daily transactions onto local councils — many of which had no banking infrastructure, no printing equipment, and no meaningful experience issuing currency.

The Gari Montané catalogue (the standard reference for Spanish Civil War local issues) lists this as 648-A, implying at least one variant exists. Survival rates for Finestrat municipal notes are low — the town's wartime population was small, total print runs were modest, and postwar possession of Republican-era paper carried real political risk.