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10 Pesos Gold Tower

Issuer Banco Nacional de Cuba
Year 1992
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Value 10 Pesos (10 CUP)
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Reverse description The reverse features a detailed architectural rendering of the Torre del Oro (Tower of Gold), the iconic 13th-century Almohad military watchtower situated on the banks of the Guadalquivir River in Seville, Spain. The tower is depicted in three-tiered form with crenellated battlements, arched windows, and decorative geometric banding on the middle section, surmounted by its characteristic domed turret. To the right of the tower stands a stylized palm tree with the date '1992' below it, and a small decorative device beneath. The inscription 'LA TORRE DEL ORO' appears in the left field, with 'SEVILLA' to the right. A dotted border frames the inner field, and the upper legend reads '1992 - AÑO DE ESPAÑA', flanked by small five-pointed stars.
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Edge Reeded.
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Additional information

The "Gold Tower" designation refers to a Cuban revolutionary-era landmark building in Havana, but the more pointed story here is institutional: by 1992 the Banco Nacional de Cuba was issuing silver collector pieces denominated in pesos at a moment when the peso itself had become functionally worthless for most Cubans, who operated in a shadow dollar economy following the Soviet subsidy collapse. These coins were never intended for domestic circulation — they were hard currency earners, sold abroad to numismatists while the issuing bank's own currency disintegrated at home.

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