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100 Pesos 50th. anniversary of central banking

Issuer Banco Central de Cuba
Year 2000
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Value 100 Pesos
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Reverse description Central vignette presents a full-length statue of José Martí in the foreground, set against an architectural view of the Plaza de la Revolución area with the unfinished arches of the Tribuna Antiimperialista in Havana. The scene is rendered in intaglio-style engraving in red-brown tones. A caption tablet at the bottom reads 'TRIBUNA ANTIIMPERIALISTA JOSE MARTI / CIUDAD DE LA HABANA', flanked by the denomination '100' at lower right.
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Protection description Carlos Manuel de Céspedes portrait; embedded security thread
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Comments

Cuba's central bank was established in 1950 under the Batista government, making this commemorative issue a peculiar artifact — a revolutionary institution celebrating the anniversary of a body it had effectively abolished and reconstituted in entirely different political terms. The Banco Nacional de Cuba, created after 1959, was itself reorganized and the Banco Central de Cuba only formally re-established as a separate entity in 1997, just three years before this note appeared. The anniversary framing therefore requires some generosity in arithmetic.

The Pick 120 series is not rare in uncirculated form — large quantities reached the collector market shortly after issue.

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