25 Céntimos Pliego

During the Spanish Civil War, the near-total disappearance of metallic coinage from circulation — hoarded, melted, or simply not minted — forced hundreds of Spanish municipalities to issue their own fractional emergency notes. Pliego, a small agricultural town in Murcia, was one of thousands of local bodies that stepped into the vacuum left by the Republican government's inability to supply small change. These municipally issued cartones and vales were technically illegal under existing monetary law but were tolerated out of sheer necessity.

Survival rates for notes from minor Murcian municipalities are low. Small print runs, rough daily use in local markets, and the post-war suppression of Republican-era material all worked against preservation.