0.50 Pesetas Moratalla

Moratalla is a small inland town in Murcia, and like hundreds of Spanish municipalities during the Civil War, it issued its own fractional paper currency after the Republican government authorized local emergency emissions in 1936–37. The national coinage had effectively vanished from circulation — hoarded, melted, or simply unavailable — and towns were left to fill the gap themselves.

Gari Mon #973-F is among the scarcer Murcian municipal issues. Provincial cataloging by Gari Montaner remains the primary reference for these emissions, and F-suffixed varieties frequently indicate a specific print run or color variant distinguished only through that source.