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| 正面铭文 | Ayuntamiento de Corral de Almaguer PAGARA AL PORTADOR CINCUENTA CENTIMOS en billetes del Banco de España. Núm. Junio 1937 (Translation: City Council of Corral de Almaguer Will pay the bearer Fifty Centimos in banknotes of the Bank of Spain. No. June 1937) |
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| 背面铭文 | 50 |
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Corral de Almaguer is a small agricultural municipality in Toledo province, and like hundreds of Spanish towns during the Civil War, it issued its own emergency fractional currency when the Republic's coinage disappeared from circulation — hoarded, melted, or simply absent. These local emissions, known collectively as "moneda local" or "papel moneda municipal," were authorized loosely under Republican decree but produced entirely on local means, which explains the crude card-stock substrate and the minimal dimensions.
The Nationalist advance through Castilla-La Mancha in 1939 effectively ended the circulation of any Republican municipal issues in the region. Most were discarded or destroyed after the war, making survivorship largely a matter of accident.