5 Céntimos Lloret de Mar

Lloret de Mar, like hundreds of Catalan and Spanish municipalities, issued its own fractional emergency currency during the Civil War after the Republic's small-denomination coinage effectively vanished from circulation in 1936 — hoarded, melted, or simply absorbed by wartime disruption. These local issues, known as *moneda local* or *vals*, were a grassroots monetary response, not a sanctioned banking operation. The Ajuntament simply ordered what it needed from a local printer and put it into use.

Casa Franquet in Girona supplied a number of municipal issues across the province, which gives this note a degree of regional consistency in production quality. At roughly 38 × 35 mm, this is among the smallest pieces of circulating paper money issued anywhere in the conflict.