0.25 Pesetas El Bonillo

El Bonillo is a small municipality in the province of Albacete, Castilla-La Mancha, and like hundreds of similar towns across Republican Spain, its Consejo Municipal issued fractional emergency notes during the Civil War years of 1936–1939. The central government's inability to maintain an adequate supply of small-denomination coinage created a vacuum that local councils filled with their own printed or handstamped paper — technically illegal under national banking law but tolerated out of necessity.

The Gari Monereo reference for this piece is unassigned, suggesting it either remains uncatalogued or was documented too late for inclusion in the standard run. That gap alone makes attribution and verification difficult.