50 Céntimos Alcolea de Cinca

Alcolea de Cinca is a small municipality in Huesca, Aragon, and like hundreds of Spanish towns during the Civil War, it issued its own emergency fractional scrip when coin coinage essentially vanished from circulation after 1936. The Cooperativa Única — a single unified cooperative structure — was a common organizational form in Republican-held towns, often consolidating agricultural and consumer functions under collective management. These local emissions were technically unauthorized by the Republic's central authorities but were tolerated out of necessity.

At 75 × 45 mm, this is among the smallest format emissions of the period. Paper this thin rarely survives intact.