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| 正面铭文 | 50 CTS. La Depositaria Municipal pagará al portador la cantidad de Serie B 50 CÉNTIMOS Acuerdo de 28 Agosto 1937 EL PRESIDENTE EL SECRETARIO (Translation: 50 Centimos. The Municipal Depositary will pay the bearer the amount of Series B 50 Centimos. Agreement of 28 August 1937. The President. The Secretary.) |
| 背面描述 | The reverse is printed in dark ink on a pink ground and carries a bold letterpress vignette of the arcaded buildings of the Plaza Mayor of Graus (Huesca, Aragon), with characteristic stone arches at street level and multi-storey balconied facades rising above. A denomination panel '50 CENTIMOS' is set within a ruled cartouche at the lower left. The issuer's name 'CONSEJO MUNICIPAL de GRAUS' appears in large display lettering across the upper portion of the note, and a small text line at the base reads 'POR ACUERDO MUNICIPAL DE GRAUS'. |
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Graus is a small town in the Aragonese Pyrenees, and like hundreds of Spanish municipalities during the Civil War, its local council issued emergency paper money — "billetes de necesidad" — when coin shortages made everyday commerce nearly impossible. The Republican government had broadly sanctioned this practice by mid-1936, but actual authorization was chaotic and inconsistently enforced, leaving many municipal issues in a legal grey zone.
Aragón's war-zone status made resupply of small change particularly erratic, which pushed councils like Graus to print at whatever local means were available. The Gari Montaner catalogue documents hundreds of such issues, most with print runs too small to have left reliable circulation data.