25 Céntimos Rasquera

Rasquera is a tiny municipality in the Terra Alta comarca of Tarragona, and like hundreds of Spanish towns during the Civil War, it printed its own fractional emergency currency when the Republican government's coin supply collapsed after 1936. These local emissions — collectively called "moneda local" or "paper moneda" — were authorized under a July 1936 decree that briefly legitimized what was already happening spontaneously across the zone.

The official stamp is the only anti-counterfeiting measure, which tells you everything about the trust radius these notes were designed to operate within: a single village, probably a single market day.