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| 正面铭文 | AYUNTAMIENTO DE AGUILAS PAGARA AL PORTADOR CINCUENTA CÉNTIMOS DE PESETA EN BILLETES DEL BANCO DE ESPAÑA (Translation: City Council of Aguilas Will pay the bearer Fifty Centimos of Peseta In banknotes of Bank of Spain) |
| 背面描述 | Allegorical female figure representing the Republic, holding a torch and leaning against the coat of arms of the Spanish Republic, with a lion in the background. The vignette is rendered in a classical engraved style typical of Republican-era Spanish emergency issues. |
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One of hundreds of local emergency issues that flooded the Republican zone during the Spanish Civil War, when the hoarding of metal coinage created an acute shortage of small change. Municipal councils, trade unions, and local committees across Spain printed their own fractional paper to keep markets functioning — Águilas, a small fishing and mining port on the Murcia coast, was no exception. The Ayuntamiento's authority to issue was de facto rather than formally delegated; the central Republican government eventually tried to suppress these emissions in 1938, but by then they were everywhere.
The Gari Monetary catalog distinguishes a B variant for this value, suggesting at least one printing or paper difference from the base type.