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1 Peso Encounter with Natives

Issuer Banco Nacional de Cuba
Year 1990
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Engraver(s) Obverse: Charles Edward Barber
Reverse: Belisario Álvarez Collado
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Obverse description The Cuban national coat of arms occupies the central field, depicting a shield divided into three sections: the upper portion features a rising sun over a sea between two headlands, the lower-left quadrant bears diagonal blue and white stripes representing the original Cuban departments, and the lower-right quadrant displays a royal palm. The shield is surmounted by a Phrygian cap atop a staff, flanked on either side by a wreath of oak and laurel branches tied at the base. The circular legend REPUBLICA DE CUBA arcs along the upper periphery, with the denomination 1 PESO inscribed along the lower rim.
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Obverse lettering REPUBLICA DE CUBA ★ 1 PESO ★
(Translation: Republic of Cuba 1 Peso)
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Additional information

Issued as part of Cuba's broad commemorative program of the late 1980s and early 1990s, this piece marks the quincentennial lead-up to 1992 — the 500th anniversary of Columbus's first landfall in the Caribbean. Cuba produced an extensive series of collector coins during this period, many struck in both base metal and silver, targeting the international numismatic market at a time when hard currency was acutely scarce on the island. The copper-nickel version circulated in name only; virtually the entire output was exported through state agencies.

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