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10 Dollars

Issuer Banco Nacional de Cuba
Year 1905
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Value 10 Dollars
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Reverse description The central vignette presents the Castillo de los Tres Reyes del Morro, the historic fortress guarding the entrance to Havana Bay. The issuer's name appears in Spanish above the vignette and in English below, with the numeral denomination flanking both sides of the central image. Printed in green.
Reverse lettering BANCO NACIONAL DE CUBA 10 10 NATIONAL BANK OF CUBA
(Translation: National Bank of Cuba 10 10 National Bank of Cuba)
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Comments

The Banco Nacional de Cuba was established in 1901 under U.S. occupation, and its early note issues reflect that political reality entirely — ABNC-printed, dollar-denominated, and structurally modeled on U.S. commercial banking paper rather than anything with Spanish-colonial precedent. The bank's charter was granted under the Platt Amendment framework, which meant Washington retained significant leverage over Cuban monetary affairs through this period.

Pick 68D belongs to a short-lived series. The Banco Nacional was liquidated in 1921 following the severe banking crisis that wiped out most of Cuba's domestically chartered institutions after the postwar sugar price collapse. Surviving notes from the 1905 issues are scarce partly because the bank's paper saw genuine commercial use during a boom decade.