50 Céntimos Finestrat

Finestrat is a small municipality in the Valencian province of Alicante, and like hundreds of similar towns across Republican Spain, it resorted to printing its own fractional currency when the Civil War disrupted the supply of small-denomination coinage. These local emergency issues — known collectively as paper moneda local — were authorized under a decree from the Generalitat and later the Republican government, which gave municipal councils formal backing to issue small-change notes. Without them, everyday commerce ground to a halt.

The Gari Mon catalogue reference 648-B suggests a variant within the Finestrat issue, likely a signature or paper distinction from a 648-A type. These hyper-local notes were printed in tiny quantities and rarely left the town.