Catalog
10 000 Pesos
| Issuer | Banco Nacional de Cuba |
|---|---|
| Year | 1950 |
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| Shape | Rectangular |
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| Reverse description | The Cuban coat of arms occupies the central field within a circular frame, flanked on each side by the denomination in numerals; the legend "REPUBLICA DE CUBA" runs along the upper border, with "DIEZ MIL PESOS" completing the face-value statement. A full legal-tender clause is inscribed in the lower panel. |
| Reverse lettering | REPUBLICA DE CUBA 10.000 10.000 DIEZ MIL PESOS ESTE BILLETE TIENE CURSO LEGAL Y FUERZA LIBERATORIA ILIMITADA, DE ACUERDO CON LA LEY, PARA EL PAGO DE TODA OBLIGACIÓN CONTRAÍDA O A CUMPLIR EN EL TERRITORIO NACIONAL. (Translation: Republic of Cuba 10,000 10,000 Ten thousand Pesos This note is legal tender and has unlimited liberatory force, in accordance with the law, for payment of all obligations, contracted or to be fulfilled, on the whole national territory) |
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| Comments |
The Banco Nacional de Cuba was itself only established in 1948, replacing the old system under which Cuba had no true central bank — commercial banks, largely American-owned, had handled currency functions for decades. This 10,000 Peso note belongs to the very first sovereign series issued under that newly created institution, making it an artifact of a deliberate and politically loaded act of financial independence from Washington-aligned banking structures.
At that denomination, circulation was always limited to high-value commercial transactions. Surviving examples in any condition are genuinely scarce. ABNC's engraved intaglio work on Cuban issues of this period is among the finest the company produced for Latin American clients.