50 Céntimos Cofrentes

Cofrentes is a small municipality in Valencia Province, and like hundreds of other Spanish Republican townships in 1937, its local council issued emergency fractional currency when the central government's coin supply collapsed under wartime strain. These municipal vouchers — often called "guerra civil local notes" by collectors — were legal only within the issuing municipality, sometimes only at specific cooperatives or shops. The Turró and Gari catalogues together document thousands of such issues; the fact that this one earned entries in both confirms it as a legitimate documented emission rather than a speculative or fantasy piece.

Thick card stock was the typical substrate for these micro-issues, chosen for durability when printing infrastructure was improvised. The official stamp was the primary authentication device — without it, the note was void.