50 Céntimos La Felguera

La Felguera was an industrial town in Asturias dominated by Duro Felguera, one of Spain's largest steel and heavy manufacturing operations. When the Civil War began in July 1936, anarchist and socialist committees across the Republican zone seized local economic control almost overnight. The Comité de Abastos — a supply and rationing committee — issued small-denomination paper locally because fractional coinage had effectively vanished from circulation, hoarded or simply absent in a war economy.

These Asturian local issues were produced under chaotic conditions and most were redeemed or destroyed when the northern front collapsed in October 1937. Survivors are scarce precisely because the issuing authority ceased to exist.