They were produced in response to silver agitation by citizens who were angered by the Fourth Coinage Act, which had effectively placed the United States on a gold standard. Silver certificates were issued between 18 in the United States as part of its circulation of paper currency.
Main article: Silver certificate (United States) Between 1905 and the introduction of BEP issued Cuban silver certificates in 1934, no banknotes were produced. After absorbing NBNC, the American Bank Note Company (ABNC) engraved and printed Cuban banknotes for issues in 1889, 1896, 1897, 1905 for the National Bank of Cuba, 1944, and a 1949–50 issue for the Banco Nacional De Cuba (printed until 1960). Beginning in the late 1860s, Cuba contracted the National Bank Note Company (NBNC) for two issues of banknotes in 18. The first Cuban banknotes were issued in 1857 for El Banco Español De La Habana. Prior and subsequent issues of Cuban banknotes were engraved and printed by private bank note companies in the United States, but the series from 1934 to 1949 were designed, engraved, and printed by the US at the Bureau of Engraving and Printing (BEP). Cuban silver certificates were issued between 19 (and circulated from 1935 to the early 1950s).