5 Pesetas La Felguera

La Felguera, an industrial town in Asturias built almost entirely around the Duro-Felguera steel and mining company, issued its own emergency paper during the Spanish Civil War when the Republican zone faced a near-total collapse of small-denomination coinage. These local committee notes — emitted by bodies like the Comité de Abastos, the supply committee — were a direct response to hoarding and the disruption of the Madrid mint's distribution networks. They were never legal tender in any formal sense, simply an agreed local scrip.

Survival rates for Asturian civil war fractional notes are low. The northern Republican enclave fell to Nationalist forces in October 1937, and most locally-issued paper was abandoned, destroyed, or simply lost in the displacement that followed.