50 Céntimos Torralba de Aragón

Torralba de Aragón is a village in Huesca province with a population that barely reached 500 during the 1930s. Like hundreds of similarly small Aragonese municipalities, it issued its own fractional emergency currency during the Civil War after Republican-zone coinage effectively vanished from circulation — hoarded, melted, or simply absent as the war economy destabilized normal monetary channels. The Consell Municipal had no printer on hand; most notes of this type were produced locally, often by the town's own administrative office on whatever card stock was available.

Gari Montllor's catalog documents over a thousand such municipal emissions from Aragon alone.