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1 Peso Merchant Navy of Cuba
| Issuer | Banco Nacional de Cuba |
|---|---|
| Year | 1984 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Cuban Peso (moneda nacional, 1914-date) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | The central field presents a detailed relief depiction of a Cuban merchant cargo vessel underway at sea, with prominent cargo booms, superstructure, and bow wave rendered in fine detail; the name of the ship appears inscribed on the hull. A crossed-key emblem with a central five-pointed star is positioned below the vessel in the lower field, above the date 1984. The arc legend MEDIOS DE TRANSPORTE runs along the upper periphery, while LA FLOTA MERCANTE DE CUBA arcs along the lower periphery, together framing the maritime motif. |
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| Additional information |
Cuba issued a substantial run of commemorative peso coins throughout the 1980s under the Banco Nacional, largely targeting the hard-currency collector market rather than domestic circulation — a foreign exchange strategy that quietly funneled Western money into the Cuban economy during a period of acute trade embargo pressure. This merchant navy piece belongs to that export-driven program.
Cuba's merchant fleet expanded significantly under Soviet assistance from the 1960s onward, reaching over 80 vessels by the early 1980s through MAMBISA, the state shipping enterprise founded in 1961.