50 Céntimos Vergel

Vergel is a small coastal municipality in the province of Alicante, and this 50 céntimos note is among hundreds of locally issued emergency fractional currency pieces produced by Spanish town councils during the Civil War. The Republican government's decree of June 1937 authorizing municipal money creation formalized what many councils — Vergel included — were already doing out of sheer necessity: the near-total disappearance of metallic coinage from circulation had paralyzed small commercial transactions.

The sole security feature, an official stamp, was the standard municipal authentication method across the Valencia region. It offered minimal protection against copying but served as the practical mark of local legitimacy.