50 Céntimos Beniatjar

Beniatjar is a village in the Vall d'Albaida comarca of Valencia with a population that barely reached three figures in the 1930s. That such a settlement issued its own emergency paper currency during the Civil War is less surprising than it sounds — the Republican zone experienced a near-total collapse of small coinage from 1936 onward, and hundreds of Valencian municipalities responded by printing or stamping their own fractional notes. The Turró catalogue alone documents over a thousand such emissions from the region.

At 44 × 36 mm, this is essentially a cut card. The official stamp is the only security element — and in many surviving examples, it is the only thing that distinguishes a genuine issue from a contemporary forgery made by a neighboring village's printer.