50 Céntimos Gata de Gorgos

Gata de Gorgos is a small inland town in the Marina Alta comarca of Valencia, and like dozens of similarly sized municipalities, it issued its own emergency paper money during 1936–37 when the Republican government could not supply enough fractional coinage to keep local commerce moving. These local issues — known collectively as "papel moneda local" — were typically authorized by whichever trade union or collective happened to control civic administration at the time. Here, issuing authority fell to the commercial and office workers' section rather than a municipal council or anarchist collective, which is itself an organizational detail that sets this note apart from the majority of comparable Valencian issues.

Survival rates for Gata de Gorgos material are low. The town's total population in the 1930s was under two thousand, meaning print runs were small and redemption after the Nationalist victory in 1939 was effectively nil.