50 Céntimos Consuegra

Consuegra is a Toledo province municipality best known for its windmills — the ones Cervantes almost certainly had in mind for Don Quixote. In 1937, deep into the Civil War, the town's municipal council issued emergency fractional currency because Republican Spain had been stripped of small-change coinage by hoarding and disruption to the mint system. Hundreds of Spanish municipalities did the same, each printing its own localized scrip under varying degrees of official sanction.

The sole security feature is an official stamp, which varied in placement and ink saturation across surviving examples — a known inconsistency in this series that complicates authentication.