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25 Céntimos Pilar de la Horadada
| Issuer | Pilar de la Horadada, Municipality of |
|---|---|
| Year | 1937 |
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| Value | 25 Centimos (0.25 ESP) |
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| Obverse description | Plain cream card stock printed in black letterpress, enclosed within a decorative dashed-and-dot rectangular border. The denomination text 'VALE por 25 cts.' is set in bold uppercase lettering across the upper and central fields, separated from the issuer inscription by a horizontal rule. Below, 'ABASTOS' appears in bold capitals above the place name 'Pilar de la Horadada' in mixed-case lettering. |
|---|---|
| Obverse lettering | VALE por 25 cts. ABASTOS Pilar de la Horadada (Translation: Voucher for 25 Centimos Supplies Pilar de la Horadada) |
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| Comments |
Pilar de la Horadada is a small coastal municipality in Alicante province, and like hundreds of Spanish towns during the Civil War, it issued its own emergency fractional currency when Republican authorities could no longer guarantee a supply of small-denomination coinage. These municipal issues — known collectively as *moneda local* or *papel moneda municipal* — flooded Republican-held Spain in 1936–37, filling a genuine transactional void caused by coin hoarding and disrupted supply chains from the Mint in Madrid.
The Gari catalogue (Billetes Locales de España) remains the standard reference for these issues. A four-letter suffix like "D" in Gari Mon#1114-D typically denotes a specific variety within the town's series — color, overprint, or serial format differences documented by Gari from surviving specimens.