10 Centimos Arjona

Arjona is a small municipality in Jaén province, and like hundreds of Spanish towns during the Civil War, it faced an acute shortage of small change after the Republican government's financial system fragmented following July 1936. Local committees — this one tied directly to the Frente Popular coalition — printed their own cardboard emergency fractional currency to keep daily commerce moving. These pieces were never intended to outlast the war, which is precisely why surviving examples in any condition are scarce.