50 Céntimos Ricote

Ricote is a small village in the Segura River valley, Murcia, with a population that barely reached a few hundred during the Civil War years. Like dozens of similarly isolated municipalities, it issued its own emergency fractional currency in 1937 when Republican Spain's small-change shortage became acute enough that local commerce had effectively stalled — coins had vanished into hoarding almost immediately after July 1936.

Production was purely local, which accounts for the crude execution typical of ayuntamiento issues from villages of this size. The official stamp serves as the sole anti-counterfeiting measure — not an unreasonable approach when the issuer and the entire circulation territory were essentially the same community.