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| 正面描述 | Plain white card stock printed in black letterpress with the issuer name in two lines across the upper field. A circular municipal rubber stamp in pink-violet ink is applied at centre, enclosing a heraldic coat of arms vignette and the legend around its oval border. Below, the denomination is expressed in two lines of bold black type: 'VALE por' and '50 céntimos'. A single short horizontal rule separates the coat of arms from the lower denomination text. |
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| 正面铭文 | 登录 以查看详情 |
| 背面描述 | Unprinted plain white card stock reverse, bearing only faint show-through from the obverse impression and minor surface aging consistent with wartime emergency issue material. |
| 背面铭文 | 登录 以查看详情 |
| 签名 | 登录 以查看详情 |
| 防伪类型 | 登录 以查看详情 |
| 防伪描述 | 登录 以查看详情 |
| 变体 | 登录 以查看详情 |
| 备注 |
Real de Montroy is a small municipality in Valencia province, and like hundreds of Spanish towns during the Civil War, its municipal council issued emergency fractional currency in 1937 when Republican-zone coinage effectively vanished from circulation — hoarded, melted, or simply absent. These local emergency issues, collectively catalogued under the *billetes locales* literature, were produced under no central authority and varied wildly in materials, print quality, and surviving quantities.
The Turró and Gari catalogues treat this as a distinct subtype, suggesting at least one variant exists within the series — unusual for a settlement this small.