25 Céntimos Talarrubias

Talarrubias is a small municipality in the Badajoz province of Extremadura, and like hundreds of Spanish towns during the Civil War, it was forced to produce its own emergency scrip when the Republic's coin supply collapsed in 1936–37. Hoarding of metal coinage — silver, copper, even bronze — was near-universal, driven by fear and uncertainty, leaving local councils to fill the gap with whatever printing resources they had on hand.

At 58 × 37 mm, this is genuinely tiny even by cartón moneda standards. Local job-press production at this scale often resulted in crude registration and variable ink density across surviving examples.