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25 Céntimos Valsequillo

Issuer Junta Municipal de Valsequillo
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Composition Paper (Thick paper or card stock)
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Obverse lettering JUNTA MUNICIPAL DE VALSEQUILLO BONO DE 25 CTS.
(Translation: Municipal Board of Valsequillo Bond of 25 Centimos)
Reverse description Unprinted reverse on plain buff card stock, showing the natural texture and colour of the thick paper substrate with no text, vignette, or other printed elements.
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Comments

Valsequillo is a small municipality in the province of Córdoba, Andalusia, and like hundreds of similar towns during the Spanish Civil War, it issued its own emergency fractional currency when coinage effectively vanished from circulation after July 1936. These locally produced vales — printed or handstamped by whatever means the town hall had available — were never formally authorized by the Republican government but were tolerated out of necessity. The Junta Municipal was simply keeping commerce moving.

The Gari Morancho catalogue remains the primary reference for these Spanish local issues, and the 1534-A designation suggests at least one variant exists within the type.

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