25 Céntimos Villa de Don Fadrique

Villa de Don Fadrique is a small municipality in Toledo province, and like hundreds of Spanish towns during the Civil War, its municipal council issued fractional paper currency in 1937 to address the near-total disappearance of metallic small change. Republican-zone hoarding and coin melting had emptied circulation by mid-1936. These local emergency issues — known collectively as billetes de necesidad — were authorized informally and printed with whatever resources a town could find, which for a village of this size typically meant a local press running simple typography.

The Gari Moneo catalogue remains the primary reference for these municipal Spanish issues. This note is scarce simply because very few were ever printed.