50 Céntimos Miguelturra

Miguelturra is a small municipality in Ciudad Real province, Castile-La Mancha. Like hundreds of Spanish towns during the Civil War, it issued its own emergency fractional currency in 1937 after Republican-zone silver coinage vanished from circulation almost entirely — hoarded, melted, or simply not replaced by a central authority stretched far beyond its logistics. These locally issued cartones and billetes de necesidad were technically provisional, redeemable in theory, and in practice often never honored at all.

The Gari Montaner reference places this among the better-documented municipal issues, though surviving examples from small Castilian councils remain genuinely scarce.