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10 Pesos King Philip of Castile and Lower Countries
| Issuer | Cuba |
|---|---|
| Year | 1992 |
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| Value | 10 Pesos (10 CUP) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | A portrait of King Philip I of Castile (Philip the Handsome) is depicted within an encircling laurel wreath at the centre of the field. A curved legend across the upper half of the periphery commemorates the Fifth Centenary of the Discovery of America, flanked by star ornaments. Below the portrait, a curved inscription identifies the figure by his Latinised name, his regnal title as King of Spain, and the date 1492, with the issue year 1992 also appearing in the legend. The mint mark is positioned to the right of the central image. A rope-pattern border runs close to the rim, consistent with the obverse. |
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| Additional information |
This issue belongs to Cuba's long-running series commemorating the quincentennial of Columbus's 1492 voyage, a program that generated dozens of silver and gold pieces throughout the early 1990s as the Cuban state mint sought hard currency during the Special Period — the severe economic contraction that followed the Soviet collapse. Philip II, who inherited Castile and the Low Countries through the Habsburg dynastic machinery rather than by conquest, presided over the peak of New World silver extraction, with Potosí alone producing an estimated 45,000 tons of silver over its working life.