Catalog
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| Issuer | Banco Nacional de Cuba |
|---|---|
| Year | 1994 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | Log in to see details |
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| Technique | Colored |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | REPUBLICA DE CUBA 20 G 10 PESOS AG 0.999 (Translation: Republic of Cuba 20 g 10 Pesos Silver 0.999) |
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| Reverse script | Latin |
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| Additional information |
Cuba's 1990s silver program was driven almost entirely by hard currency need rather than collector demand — the Special Period following Soviet subsidy collapse left the government scrambling for any foreign exchange source, and export-oriented numismatic issues became a minor but real revenue stream. The sailfish series sits within that pragmatic economics, minted for sale abroad while pesos remained inconvertible domestically.
Wait — I used "sits within" which is prohibited. Let me redo this.Cuba's 1990s silver program was driven almost entirely by hard currency need. The Special Period following Soviet subsidy collapse left the government scrambling for foreign exchange, and export-oriented numismatic issues became a minor but genuine revenue stream — coins sold abroad for dollars while the peso remained inconvertible at home. KM#500 was struck at Havana's Casa de la Moneda, which had been largely dormant for decades before the collector series revived limited production in the early 1990s.