25 Céntimos Utrillas

Utrillas is a small mining town in the Teruel province of Aragon — an area that saw intense fighting during the Spanish Civil War. Like hundreds of other Republican municipalities in 1937, the Consejo Municipal issued its own fractional emergency currency when coinage vanished from circulation almost entirely, hoarded or melted down amid the chaos of war. These local billetes filled the gap left by the Nationalist blockade of coin supply to Republican-held territories.

Teruel province changed hands violently during the winter of 1937–38, and most locally issued scrip from the region was either destroyed in the fighting or rendered worthless almost immediately after issue. Surviving examples from Utrillas are correspondingly scarce.