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1 Cent

Issuer NAVROM (Navigation Română), Constanța
Year 1970
Type Exchange certificates
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Protection type Repeated text underprint
Protection description Reverse covered entirely with repeated cursive "Tichet NAVROM" text pattern as a security underprint
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Comments

NAVROM — Navigația Română — was Romania's state shipping company, operating out of Constanța on the Black Sea. Like many large socialist enterprises, it issued its own scrip for use within its facilities: canteens, workers' stores, and onboard vessels where standard lei were impractical to administer. These transport company tokens in paper form occupy a narrow category that sits awkwardly between currency and coupon, and they rarely survived outside the pockets of the workers who spent them.

The repeated-text underprint was a low-cost internal security measure, common to Romanian enterprise scrip of this period, intended to deter photocopying rather than professional counterfeiting.

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