50 Céntimos Palmera

Palmera is a small municipality in Valencia province, and like hundreds of Spanish Republican localities, it issued its own emergency fractional currency during the Civil War after the withdrawal of metallic coin from circulation made small change functionally impossible. These municipal issues — collectively catalogued in the Gari Monedas reference — were produced under the authority of local councils with whatever printing resources were at hand, which accounts for the heavy card stock: it was simply more durable than the thin papers available and easier to produce in small runs without a proper press setup.

The Gari Mon#1067-C designation places this among the rarest tiers of the Valencia regional series. Survivorship is largely a matter of accident.