25 Céntimos Masdenverge

Masdenverge is a small municipality in the Montsià comarca of southern Catalonia, and like hundreds of similarly sized towns, it issued its own fractional emergency currency during the Spanish Civil War — the result of a severe coin shortage that left Republican-controlled areas unable to make change for everyday transactions. The Generalitat de Catalunya authorized municipal councils to print these notes, known as "moneda de necessitat," from 1936 onward.

Turró 1465 is among the less-documented emissions from this region. Survival rates for small-denomination Montsià issues are uneven; the 25 céntimos was the most actively used denomination and consequently the hardest to find undamaged.