50 Céntimos Llanes

Llanes is a small coastal municipality in Asturias, and like hundreds of Spanish towns during the Civil War, it issued its own emergency paper currency when the Republic's central supply of small-denomination coinage collapsed entirely. These ayuntamiento notes — locally printed, locally circulated, and locally redeemed (when redeemed at all) — existed outside any formal banking structure. Many were printed by whatever press happened to be available in town.

Survival rates vary wildly across the series. Notes from smaller Asturian municipalities were often destroyed after Nationalist forces took control of the north in 1937, either during the chaos of retreat or in deliberate clearances afterward.