25 Céntimos Jarafuel

Jarafuel is a small inland village in Valencia province, and like hundreds of similarly sized municipalities across Republican Spain, it issued emergency fractional currency during 1937 when the chronic shortage of small coinage left daily commerce effectively paralyzed. These local issues — often produced by the town council on whatever printing equipment or card stock was at hand — were never intended to circulate beyond the immediate locality, and most were redeemed or discarded within months.

Survival rates for Jarafuel issues are low simply because so few were printed to begin with. The Garrido Monerris reference is the authoritative catalog for Valencian Civil War municipal emissions.