50 Céntimos Fayón

Fayón is a small municipality in Zaragoza province that found itself deep inside the contested zone during the Aragon offensives of 1937–38. Like dozens of Catalan and Aragonese municipalities during the Civil War, the local council issued its own emergency fractional currency when Republican-zone coinage effectively vanished from circulation — hoarded, melted, or simply absent. These consell municipal notes were locally produced, often on whatever paper was at hand, and circulated only within the issuing town.

The Gari Montaner catalogue documents these issues systematically, but survival rates for Fayón specifically are low. The town was largely destroyed and its population forcibly relocated decades later when the Mequinenza reservoir flooded the original village in 1971.