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| 正面描述 | Printed by letterpress on plain olive-tan cardboard stock, the obverse carries the issuing authority name in bold uppercase letters across the top, reading AYUNTAMIENTO DE VILLAMAYOR DE SANTIAGO. The central field is occupied by two large numeral 25 digits rendered in a dotted matrix pattern, with the promise-to-pay legend PAGARÁ AL PORTADOR overlaid across them. The denomination in words, VEINTICINCO CÉNTIMOS, appears in bold letterpress below, with the redeemability clause EN BILLETES DEL BANCO DE ESPAÑA and the date JULIO 1937 completing the composition at lower right. |
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| 背面描述 | The reverse is entirely plain, showing only the bare olive-tan cardboard surface with no printed text, design elements, or markings of any kind. |
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Villamayor de Santiago is a small agricultural municipality in Cuenca province, and like hundreds of Spanish towns during the Civil War, its ayuntamiento issued emergency small-change tokens when Republican-zone coinage vanished almost entirely from circulation in 1936–37. Hoarding, melting, and the general collapse of confidence drained fractional metal currency so thoroughly that local councils, worker cooperatives, and shopkeepers' guilds were left to fill the gap themselves — hence the proliferation of cartón moneda across Castilla-La Mancha.
The Garrido Moraga reference number places this squarely within the documented Cuenca provincial emissions, though surviving examples are scarce enough that condition varies wildly across the handful that reach the market.