25 Céntimos Torres del Obispo

Torres del Obispo is a small municipality in the Ribagorza comarca of Huesca, Aragon. This note was produced during the chaotic coin shortage of the Spanish Civil War, when hundreds of local councils across Republican-held Spain issued their own emergency paper fractional currency — billetes de necesidad — to replace the hoarded, melted, or simply absent small coinage that had all but vanished from circulation by mid-1937.

At 45 × 35 mm, this is among the smallest monetary instruments the conflict produced. The Gari Montllor catalogue records only the single type for this issuer, suggesting output was extremely limited and almost certainly never circulated far beyond the village itself.