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| 正面描述 | A partial panoramic view of Orihuela occupies the central vignette, flanked to the left by a nude female allegory holding a sickle and to the right by a nude male allegory holding a book. Typographic inscriptions running across the upper and lower margins identify the issuing authority, the denomination, and the date of the authorizing municipal agreement. The composition is enclosed within a plain decorative border typical of locally produced Civil War emergency issues. |
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| 正面铭文 | EL CONSEJO MUNICIPAL DE ORIHUELA 50 PAGARA AL PORTADOR CINCUENTA CENTIMOS (ACUERDO DE 4 FEBRERO 1937) ORIHUELA 13 MAYO 1937 (Translation: The Municipal Council of Orihuela Will pay the bearer Fifty Centimos (Agreement of February 4, 1937) Orihuela May 13, 1937) |
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Orihuela, a municipality in Alicante province, issued emergency fractional currency during the Spanish Civil War as Republican-controlled local governments scrambled to address a chronic shortage of small change — the hoarding of coins had become acute by 1937, with metallic currency disappearing from circulation almost entirely in many parts of Republican Spain. These municipal emissions, known as "moneda local de necesidad," were technically illegal under the Republican central government's monetary decrees but were tolerated out of necessity.
The Gari Montserrat catalogue is the standard reference for these Spanish Civil War local issues. Condition problems are endemic to the type — thin wartime paper, often poorly stored.