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| 正面铭文 | EL AYUNTAMIENTO DE MORATALLA PAGARA AL PORTADOR CINCUENTA CENTIMOS Moratalla 1.º de Marzo de 1937 (Translation: The City Council of Moratalla Will pay the bearer Fifty Centimos Moratalla, March 1, 1937) |
| 背面描述 | Plain reverse, left unprinted, as was typical of wartime emergency fractional currency issued by Spanish municipalities during the Civil War period. |
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Moratalla is a small municipality in the Murcia region, and like hundreds of Spanish towns during the Civil War, it issued its own emergency fractional currency when Republican-zone coinage vanished almost entirely from circulation — hoarded, melted, or simply absent. These local emissions, known as *moneda local* or *billetes de necesidad*, filled an immediate practical gap. The Ayuntamiento had no access to a professional printer and no obligation to meet central bank standards.
The Gari Mon reference places this within the documented Murcian local issues, though survival rates for Moratalla material are low — the town's wartime administration left thin archival traces.