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50 Céntimos Alcaudete

Issuer Ayuntamiento de Alcaudete
Year 1937
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Shape Rectangular
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Obverse description Printed in blue on white paper, the face presents a rectangular guilloche border framing a central panoramic vignette of the town of Alcaudete. Issuing authority and denomination inscriptions are arranged above and below the central vignette in capital letterpress type. The overall layout is characteristic of Spanish Civil War municipal emergency currency.
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Reverse description Printed in blue on white paper, the back centres on the municipal coat of arms of Alcaudete set within a circular frame, surrounded by a radiant decorative design. The issuing authority name and denomination value appear as inscriptions around the central device in capital letterpress type.
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Comments

Alcaudete is a small olive-farming municipality in Jaén province, and like hundreds of Spanish towns during the Civil War, its ayuntamiento was forced to print its own fractional currency after the Republic's small coins vanished from circulation almost immediately after July 1936. These municipal emergency notes — known collectively as billetes locales de necesidad — were authorised under increasingly loose Republican decree as the coinage crisis deepened through 1937.

Gari Mon catalogues two varieties at this denomination; the B suffix here marks a distinct printing or paper variant. Most Alcaudete emissions were produced in very small quantities and redeemed locally, which makes survivorship genuinely uneven.

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