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50 Cenţi

Issuer NAVROM Constanța
Year
Type Exchange certificates
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Obverse description Orange-cream and dark brown note with an intricate guilloche underprint covering the entire field. A central oval vignette contains the large numeral "50" in white relief against radiating guilloche work. The issuer name and location appear in the upper corners, with the denomination text across a pale horizontal band at centre.
Obverse lettering „NAVROM” CONSTANȚA
TICHET PENTRU 50 CENȚI
(Translation: Ticket for 50 Cents)
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Comments

NAVROM was the Romanian state shipping company operating out of Constanța on the Black Sea coast. Like many large state enterprises in communist Romania, it issued its own internal scrip for use within controlled facilities — canteens, company shops, or worker settlements — where standard lei were not permitted to circulate freely. These notes functioned as a closed-currency system, entirely outside the National Bank's purview.

The security underprint on a piece of company scrip is worth noting — an unusual level of anti-counterfeiting effort for what was essentially a token instrument, suggesting meaningful volume of issuance and real concern about internal fraud.

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