25 Céntimos Pinatar

Pinatar — now San Pedro del Pinatar, in Murcia — was one of hundreds of Spanish municipalities that printed emergency fractional currency during the Civil War after the Republic's small-change coinage largely disappeared from circulation by mid-1936. These local emissions were authorized under a framework that was, in practice, loosely enforced; municipalities, cooperatives, and even individual businesses issued their own notes with wildly varying quality and legitimacy.

The Garicano Moner catalog remains the primary reference for these Spanish local issues, and the 1117-A designation suggests at least one variant exists within the Pinatar emission — likely a paper stock or overprint difference.