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25 Céntimos Raspay
| Issuer | Pedanía de Raspay (Yecla, Murcia) |
|---|---|
| Year | 1936 |
| Type | Emergency banknote |
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| Obverse description | Letterpress-printed in black on plain white stock, the face is headed by the issuer name PEDANIA DE RASPAY set in large, widely spaced capitals, separated from the body text by a double rule of dotted ornamental borders. The denomination Vale por 25 Céntimos appears in bold display type at centre, with the written confirmation Son 25 Céntimos underlined at lower left; a manuscript signature of the Alcalde Pedáneo occupies lower right, accompanied by a faint oval district stamp impressed in pink ink. |
|---|---|
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| Protection type | Official stamp |
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| Comments |
Raspay is a tiny farming hamlet in the municipality of Yecla, and in 1936 it had no business issuing currency — yet here it is. During the early months of the Civil War, small change disappeared almost entirely from Republican-held territory as silver coins were hoarded and the banking system convulsed. Local authorities at every level, down to the most obscure rural pedanías, filled the vacuum with handmade emergency scrip. Raspay's effort is about as local as it gets.
The official stamp is the only security feature, which in practice meant very little — these notes circulated among people who all knew each other anyway.