50 Céntimos Yeste

Yeste is a small mountain town in the province of Albacete, and like hundreds of similarly sized Spanish municipalities, it issued fractional paper currency during the Civil War to compensate for the near-total disappearance of metallic coin from circulation. The Republican government's emergency decree of 1936 authorized local bodies to fill that gap, which is why notes like this one exist at all — practical necessity, not civic ambition.

Imp. y Lit. Collado was a well-documented provincial printer based in Albacete that produced municipal emergency notes for numerous nearby towns. The official stamp was the primary — often the only — anti-counterfeiting measure available at this scale.