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| 正面描述 | Printed entirely in red on cream paper, the note is enclosed by a dotted scalloped border running along three sides, with small decorative rosette ornaments at the upper corners. The serial number appears in the upper left, accompanied by a floral asterisk device, while flanking wave-line vignettes frame the large denomination numeral '50 Céntimos' at centre. The full bearer obligation text is set in letterpress above, and the place and date of issue, 'Muro del Alcoy y Mayo 1937', appear in script lettering below the denomination. |
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| 背面描述 | Plain cream paper reverse carrying a violet rubber-stamp impression of a local merchant, reading 'Almacen de Vinos / Emilio Marti / Muro (de Alcoy) / Alicante', applied diagonally across the centre. No printed design is present. |
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Muro de Alcoy was a small Valencian municipality that issued its own emergency paper currency during the Civil War, as the Republican government's inability to maintain adequate coin supply in 1936–37 drove hundreds of Spanish towns to print their own fractional substitutes. These local billetes de necesidad had no backing beyond municipal authority and were valid only within the issuing town's borders — a monetary patchwork that the Republican Treasury repeatedly tried and largely failed to suppress.
Gari Mon#985-C indicates a catalogued variant within the Muro de Alcoy series, suggesting at least minor typographic or printing differences exist across the issue.