50 Céntimos Albatera

Albatera was a small agricultural municipality in the province of Alicante, and like hundreds of Republican-controlled towns during the Civil War, it was forced to print its own fractional currency after the hoarding and disappearance of metal coinage created a practical crisis for everyday transactions. These local emergency emissions — known collectively as papel moneda de guerra — were typically authorised by the municipal council and backed by nothing more concrete than local confidence and administrative necessity.

The three signatures here follow the standard Republican municipal format. The Depositario signing only as "Inés" — no surname recorded — is an oddity worth noting in provenance research.