5 Centimos Mataró; Agrupament de la Indústria Flequera

One of hundreds of emergency local issues produced across Catalonia during the Civil War, this note was issued not by a municipality but by a trade guild — the bakers' association of Mataró. When the Republican zone experienced acute small-change shortages from 1936 onward, local organizations of all kinds filled the vacuum. A bakery collective issuing its own fractional currency was not unusual by the standards of that moment, but it was not common either.

AL 468 is among the scarcer guild-issued pieces from the Maresme comarca. Most surviving examples show heavy handling — these circulated hard in a working neighborhood economy, not among collectors.