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25 Céntimos Portell de Morella
| Issuer | Consejo Municipal de Portell de Morella |
|---|---|
| Year | 1937 |
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| Currency | Peseta (1936-1939) |
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| Obverse description | Typeset letterpress note printed in red ink on plain paper. At left, a vertical panel of five bold parallel rules frames the denomination '25 CTS' in large numerals. The remaining field carries the issuing authority 'EL CONSEJO MUNICIPAL' in bold capitals across the top, followed by the promise-to-pay text and denomination, the place and date of issue in italic script, the treasurer's title 'EL DEPOSITARIO,' and a bold manuscript signature below. |
|---|---|
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| Protection type | Official stamp |
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| Comments |
Portell de Morella is a tiny municipality in the Castellón highlands — population well under a thousand even in the 1930s. That this village council issued its own fractional paper currency during the Civil War is less surprising than it sounds: the Republican zone suffered an acute shortage of small coinage from 1936 onward as silver was hoarded and the central government's response was slow and uneven. Hundreds of local authorities, from major cities down to villages of this scale, filled the gap themselves.
The official stamp serves as the sole security element — common for emergency municipal issues where printing resources were minimal and counterfeiting of sub-peseta notes was judged an unlikely concern.