25 Céntimos Quesa

Quesa is a small village in the interior of Valencia, and like hundreds of Spanish municipalities during the Civil War, its local council issued emergency fractional currency when Republican-zone commerce ground to a halt from coin hoarding and metal shortages. The Consejo Municipal series from 1937 was a purely local stop-gap — these notes circulated only within the village itself and were redeemable, in theory, once normal coinage returned.

The heavy card stock was a deliberate choice in many rural Valencian issues: thinner paper disintegrated too quickly in daily use. Survival rates for Quesa pieces are low, partly because the village's total population kept absolute quantities small to begin with.