50 Céntimos Calasparra

Calasparra is a small municipality in Murcia, and like hundreds of Spanish towns during the Civil War, its ayuntamiento issued emergency fractional currency when Republican-zone coinage essentially vanished from circulation — hoarded, melted, or simply absent. These local issues, known collectively as moneda local or guerra civil municipal notes, were authorised under a patchwork of Republican government decrees from 1936 onward that gave municipalities some latitude to plug the change shortage themselves.

The Gari Monasteries catalogue remains the primary reference for these Murcian issues, and Calasparra's series is among the more obscure — survival rates for 50 céntimos fractionals from minor municipalities are genuinely low, as most circulated hard until worthless.