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50 Céntimos Los Alcázares

Issuer Los Alcázares, Municipality of
Year 1937
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Currency Peseta (1936-1939)
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Obverse lettering REPUBLICA ESPAÑOLA LA CAJA MUNICIPAL Pagará al portador la cantidad de cincuenta céntimos de peseta Los Alcázares 15 de Febrero 1937
(Translation: Spanish Republic The Municipal Fund Will pay the bearer the amount of Fifty Centimos of Peseta Los Alcázares February 15, 1937)
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Reverse lettering ALCALDIA REPUBLICANA
LOS ALCÁZARES
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Comments

Los Alcázares is a small coastal municipality in Murcia, and like hundreds of Spanish towns during the Civil War, it issued its own fractional paper money when Republican authorities failed to keep small-denomination coinage in circulation. The metallic shortage was severe enough by mid-1937 that local councils across the Republican zone were effectively printing their own currency — legally sanctioned under a 1937 decree but wildly inconsistent in execution.

Gari Mon #79-A suggests a single recorded type, which is typical for villages of this size. Survival rates for these municipal emissions are erratic; small-town issues were rarely saved, and many were rendered worthless and discarded before the war ended.

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