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10 Pesos Banco de Ahorros y Préstamos

Issuer Banco de Ahorros y Préstamos
Year 1893
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Reference(s) P#S115
Obverse description Black intaglio on yellow underprint. At the left margin, a seated allegorical female figure holds a sword, while a second vignette at the right presents a seated Mercury; both figures are rendered in the fine engraved style typical of late 19th-century security printing. The central text panel is framed by elaborate guilloche ornamentation, with the issuer's name, place, denomination, and date set in formal letterpress type.
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Reverse lettering BANCO DE AHORROS Y PRÉSTAMOS 10 DIEZ PESOS
(Translation: Savings and Loan Bank Ten Pesos)
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Comments

The Banco de Ahorros y Préstamos was one of several private savings institutions operating in Cuba under Spanish colonial authority in the late nineteenth century. Its note-issuing activity was limited and short-lived — the 1893 series appearing at a moment when Cuba's financial infrastructure was already under strain from mounting independence agitation and metropolitan monetary policy that prioritized Spanish commercial interests over local credit needs.

Waterlow & Sons handled the printing, as they did for a wide range of Latin American and Caribbean issuers during this period. The P#S115 designation in the "S" (Specialized/Local) range reflects the peripheral status of this institution within Cuban banking history — issues that circulated regionally rather than as general legal tender.

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