15 Céntimos Guadasuar

Guadasuar is a small agricultural municipality in Valencia province, and like dozens of similar towns during the Spanish Civil War, its local collectivity issued its own emergency fractional currency when coin disappeared from circulation entirely. The Colectividad Panadera — a bakers' collective — was one of the more unusual issuing bodies: not a municipal council, not a workers' union federation, but a single-trade cooperative issuing scrip presumably valid within its own distribution network.

The Garrido Moraga reference number is unassigned, which typically signals either a recently documented specimen or one known from very few examples.