25 Céntimos Vergel

Vergel is a small coastal municipality in the Alicante province, and like hundreds of Republican-held towns during the Civil War, its local council issued emergency small change — moneda local — to compensate for the near-total disappearance of metal coinage from circulation. The Republican government in Madrid tolerated rather than organized this, and the results were wildly inconsistent in quality, authority, and survival rate.

The handstamp is the only security measure, which was entirely typical of the more improvised municipal emissions from 1937. Many of these Alicante-region notes were printed in very small runs and used briefly before the front collapsed.