Catalog
10 Pesos
| Issuer | Banco Nacional de Cuba |
|---|---|
| Year | 1949-1960 |
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| Composition | Cotton paper |
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| Obverse lettering | 10 10 BANCO NACIONAL DE CUBA DIEZ 10 PESOS CARLOS MANUEL DE CESPEDES GARANTIZADO INTEGRAMENTE CON EL ORO, CAMBIO EXTRANJERO CONVERTIBLE EN ORO Y TODOS LOS DEMÁS ACTIVOS DEL BANCO NACIONAL DE CUBA. ESTE BILLETE CONSTITUYE UNA OBLIGACIÓN DEL ESTADO CUBANO. (Translation: 10 10 National Bank of Cuba Ten 10 Pesos Carlos Manuel de Céspedes Fully Guaranteed with the gold, foreign exchange. Convertible into gold and all the other assets of the National Bank of Cuba This note constitutes an obligation of the Cuban State.) |
| Reverse description | The Cuban coat of arms is rendered in an intaglio vignette within an oval frame at center, flanked by the denomination numeral to the left and right. The country name appears across the top of the note, with additional legal tender text filling the lower portion of the design. |
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The Banco Nacional de Cuba was established in 1950, ending Cuba's long reliance on U.S. Federal Reserve notes as functional currency — a dependency that persisted well into the mid-twentieth century. These ABNC-printed pesos were among the first issues to give Cuba genuine central banking infrastructure, and the American Bank Note Company's New York presses produced the entire run for this series.
The Pick 79 issue spans the Batista period and the early revolutionary transition. Notes dated into the late 1950s sometimes surfaced in circulation alongside the 1958–59 Sierra Maestra guerrilla scrip — an odd parallel that collectors occasionally document.