50 Céntims Avinyó

Avinyó is a small municipality in Bages, inland Catalonia, and like hundreds of similar towns it issued its own fractional paper currency during the Spanish Civil War after the Republican government's decree of late 1936 effectively sanctioned local emergency coinage and notes to address the near-total disappearance of metallic coin from circulation. These municipal issues were printed in enormous variety and almost universally tiny quantities — many on whatever paper stock was locally available.

Turró catalogues this as #251, placing it within the well-documented but still incompletely surveyed corpus of Catalan wartime locals. The two signatures, T. Agramunt and C. Carola, almost certainly represent municipal councillors rather than banking officials.