1 Centavo Cuba

The Camara Municipal de Cuba — the municipal government of the town of Cuba in Oriente province — issued cardboard fractional currency during a period when small-denomination coinage had effectively vanished from everyday commerce in rural Cuba. This was a localized stopgap, not a national banking instrument, and its authority extended no further than the municipality that stamped it.

The embossed seal was the sole anti-counterfeiting measure, which tells you something about both the expectations for these notes and the limited resources of the issuing body. Municipal cardboard issues from Cuban provincial towns remain poorly documented, and MA#798 surfaces infrequently enough that establishing a reliable price history is difficult.