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50 Céntimos Lorca

Issuer Lorca, Municipality of
Year 1937
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Currency Peseta (1936-1939)
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Obverse description Printed in blue on plain paper, the face bears the municipal coat of arms of Lorca to the left within a single-rule rectangular border. The text is arranged in block lettering across the note, stating the obligation of the Consejo Municipal de Lorca to redeem the note at face value in Banco de España banknotes, dated September 1937. The denomination 0,50 céntimos de peseta appears at the base.
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Reverse description Printed in blue on plain paper within a single-rule rectangular border, the reverse carries a central allegorical vignette of a seated female figure holding a torch in one hand and a sword in the other, resting against the coat of arms of the Spanish Republic, with a cornucopia at her feet and a lion positioned behind her. The denomination 0,50 appears at both left and right margins flanking the issuer legend. The value in words appears at the foot of the design.
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Comments

One of hundreds of local emergency issues produced by Spanish municipalities during the Civil War, when the Republic's central banking system collapsed under wartime strain and towns were left to print their own fractional currency. Lorca, a mid-sized city in Murcia, issued these pequeñas fracciones to cover the chronic shortage of small change that plagued the Republican zone from 1936 onward — metallic coin had vanished almost entirely through hoarding and melting.

Municipal issues of this type were technically illegal under pre-war banking law but tolerated out of necessity. Most were printed in very small runs on whatever stock was available locally, which accounts for the considerable variation in paper quality across surviving examples from Lorca and neighboring towns.

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