fractional currency

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paper currency in denominations less than the basic monetary unit
This refers to notes issued in denominations of 3, 5, 10, 15, 25, and 50 cents during the Civil War Apparently, coin was getting scarce, although it's unclear whether this was because the metals were needed for armaments, or if people were just hoarding what coin there was
Coin or paper currency in a denomination less than a standard monetary unit
Small denomination bills (also called postage or postal currency) used in place of coins Denominations ranged from 3 cents to 50 cents
Paper money with a face value of less than one dollar
fractional currency

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    frac·tion·al cur·ren·cy

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    /ˈfraksʜənəl ˈkərənsē/ /ˈfrækʃənəl ˈkɜrənsiː/