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1 Peso Avellaneda Butterflies
| Issuer | Cuba |
|---|---|
| Year | 2001 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Technique | Milled, Colored |
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| Obverse description | At center, the Cuban national coat of arms depicting a shield divided into three sections bearing a key, a royal palm, and blue and white stripes, surmounted by a Phrygian cap with a star, and flanked by an oak branch to the left and a laurel branch to the right. The circular legend REPUBLICA DE CUBA arcs along the upper periphery, while the denomination 1 PESO appears in the lower field. The design is rendered in high relief against a flat field. |
|---|---|
| Obverse script | Log in to see details |
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| Reverse script | Latin |
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| Additional information |
Cuba's nature-themed commemorative program of the late 1990s and early 2000s produced dozens of issues targeting the collector market directly, with virtually no intention of circulation. The Avellaneda butterfly series sits within — no, scratch that — these were exported almost immediately through state-run numismatic agencies, particularly ARCIX, as hard currency earners during the prolonged economic crisis following Soviet subsidy withdrawal in 1991.
Wait, I need to recheck and rewrite properly per the rules.Cuba's commemorative output surged through the Special Period and its aftermath, with the state-run FINCIMEX and related agencies aggressively marketing collector issues abroad as a mechanism for hard currency acquisition. These pieces rarely if ever entered domestic circulation — the Cuban peso had effectively bifurcated into parallel currencies by this point, and copper-nickel commemoratives occupied an awkward space between them.