50 Céntimos Ceutí

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正面铭文	Serie A PUEBLO DE CEUTÍ Nº 00104 Vale por 50 céntimos por LA COMISION: Garantizado con billetes del Banco de España (Translation: Series A / Town of Ceutí / No. 00104 / Voucher for 50 céntimos / By the Commission: / Guaranteed with banknotes from the Bank of Spain)
背面描述	Unprinted reverse of plain buff paper stock, showing heavy foxing, staining, and remnants of adhesive tape repairs consistent with wartime circulation wear. No typeset or engraved design elements are present.
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备注	Ceutí is a small agricultural municipality in the Murcia region, and like hundreds of Spanish towns in the summer of 1936, it faced an immediate practical problem: the outbreak of the Civil War caused hoarding of metallic coin almost overnight, collapsing small-change circulation within weeks. Municipal paper fractional currency — sometimes printed by local printers on whatever stock was available — filled the gap by necessity, not by any coordinated monetary policy. The Gari Mon reference places this among the better-documented Murcian municipal emissions, though survival rates for these local wartime issues are uneven and often tied to how quickly Republican-zone towns were subsequently occupied.

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