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50 Céntimos Úbeda

Issuer Ayuntamiento de Úbeda
Year 1937
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Value 50 Centimos (0.50 ESP)
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Obverse lettering AYUNTAMIENTO DE UBEDA Billete fraccionario de esta localidad CINCUENTA CENTIMOS Ubeda 1-3-937 NOTA: Este billete no es valedero si va doblado
(Translation: City Council of Ubeda Fractional banknote of this locality Fifty Centimos Ubeda March 1, 1937 Note: This banknote is not valid if it is folded)
Reverse description Pink ground with a guilloche-pattern underprint visible across the entire surface. The face carries a single block of pink letterpress text setting out the note's territorial validity and redemption conditions, overlaid at centre-left by a circular blue-violet municipal handstamp of the Ayuntamiento de Úbeda.
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Comments

Úbeda's Republican municipal emergency scrip from 1937 belongs to a vast category of locally issued Spanish Civil War paper — the breakdown of coin supply after 1936 forced hundreds of ayuntamientos across the Republican zone to print their own fractional currency. Most of these issues had extremely short lives; they were valid only within the issuing municipality and became worthless almost immediately once the Nationalist advance consolidated the region. Úbeda fell to Franco's forces in early 1939.

Survival rates for Andalusian municipal scrip are uneven, and many Úbeda pieces were never redeemed. The Gari Montaner catalog remains the essential reference for this series.

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