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1 Peso 'The Liberty'

Issuer Banco Nacional de Cuba
Year 1989
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Thickness 2.2 mm
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Obverse description The Cuban national coat of arms occupies the central field, depicting a shield divided into three quarters: the upper portion features a golden key between two rocky promontories symbolising Cuba's strategic position, the upper-right quarter displays a rising sun over a seascape, and the lower half bears three horizontal blue and white stripes. A Phrygian cap surmounts the shield, and a royal palm tree rises behind it. The arms are flanked by sprigs of laurel and oak, bound at the base, with a small five-pointed star at each side of the lower field. The curved legend REPUBLICA DE CUBA arcs along the upper periphery, while the denomination 1 PESO is inscribed in the lower field.
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Mintage 1989 - BU - 2,000
Additional information

Cuba issued a wave of collector-oriented copper-nickel pesos through the late 1980s under Banco Nacional de Cuba, many targeting the foreign exchange market rather than domestic circulation — hard currency was the real objective, not numismatic commemoration. This piece, referencing the Statue of Liberty, appeared as U.S.-Cuba relations remained frozen and the Soviet subsidy keeping the Cuban economy afloat had less than two years left before its collapse in 1991.

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