Catalog
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| Issuer | Banco Nacional de Cuba |
|---|---|
| Year | 1994 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
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| Engraver(s) | Obverse: Charles Edward Barber Reverse: Elena Delgado Álvarez |
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| Obverse description | At center, the Cuban coat of arms is prominently displayed, featuring the royal palm tree within a shield, flanked by an oak branch and laurel branch, with the Phrygian cap atop a pike above the shield. The curved legend REPUBLICA DE CUBA arcs along the upper periphery. The denomination 10 PESOS appears in the lower field, while the fineness AG 0.999 and weight 20 G are inscribed on the left and right sides of the arms respectively. |
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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.