25 Centimos Gratallops

Gratallops is a tiny wine-producing village in the Priorat comarca of Catalonia, and like dozens of similarly small Republican municipalities during the Spanish Civil War, it issued emergency coinage — moneda local — to address the near-total disappearance of small-denomination coins from circulation. The iron composition reflects wartime metal constraints; copper and nickel had been absorbed into the broader war economy by 1937.