1937 AD., Spain, 2nd Republic, Madrid mint, 50 Centimos, KM 754.1.

Spain, 2nd Republic (1931-39), Madrid mint, 1937 AD.,
50 Centimos (ø 23 mm / 6,56 g), copper, 6,0 g. (?) theor. mint weight, mintage 510.000.000 ,axes coin alignment ↑↓ (180°), plain edge,
Obv.: REPUBLICA ESPAÑOLA / ★ 1937 ★ , seated allegory of Hispania left, holding olive branch, legend at left, date below, actual date in flanking stars, (1937 below between stars, 3 incuse on left and 4 on right star); die break at 4-5.
Rev.: 50 / CENTIMOS , value in a border of round dots; die break at 1-2 and branched through 0 of value number.
KM 754.1 ; Cayón 17672 ; Calicó 3 ; Fuster/Guerra 193 .

Year / Date in stars / Mintage
1937 KM# 754.2 (no stars) circle of square dots
1937 / 34 / 50.000.000 KM 754.1 circle of round dots
1937 / 36 / 1,000,000 KM 754.1 circle of round dots
1937 / 36 / KM 754.2 circle of square dots