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| 正面描述 | Plain letterpress note printed in black on coarse yellowish paper, with a dotted circular-link border running the full perimeter. The issuer name appears in a header panel at the top, separated from the body by double horizontal rules, with the denomination numeral in large bold type at centre and the bearer clause to its left. A control stamp impression in blue ink is visible at lower right. |
|---|---|
| 正面铭文 | Alcaldía de Minas del HORCAJO Páguese al portador 50 Céntimos Valor provisional garantido (Translation: Mayoralty of Minas del Horcajo Pay the bearer 50 Centimos Guaranteed provisional value) |
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Minas del Horcajo is a small mining settlement in the province of Ciudad Real, Castile–La Mancha, where copper and silver extraction drove a local economy largely isolated from national banking infrastructure. During the Spanish Civil War, the Republican zone experienced a near-total collapse of small-denomination coinage in circulation — hoarding, melting, and wartime disruption all contributed — forcing hundreds of municipalities, cooperatives, and even individual businesses to issue their own emergency fractional currency. This note is one product of that improvisation.
Municipal emergency issues from minor localities like this one were printed in tiny quantities, used hard, and rarely preserved.