50 Céntimos Villacarrillo

Villacarrillo is a small olive-producing municipality in Jaén province, Andalusia. During the Spanish Civil War, the Republican zone suffered an acute shortage of small-denomination metallic currency — silver and copper coins had been hoarded or melted — forcing hundreds of individual ayuntamientos and consejos municipales to print their own emergency fractional notes. This is one of those issues, locally authorized and almost certainly locally printed, with a distribution radius that probably never extended beyond the town itself.

The Gari Morancho catalogue remains the primary reference for this material, and the B suffix on this reference number typically indicates a variety distinction — paper stock, serial range, or a typographic difference from the base type.