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100 Pesos Hatuey

Issuer Banco Nacional de Cuba
Year 1991
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Value 100 Pesos (100 CUP)
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Obverse description The Cuban national coat of arms occupies the central field, displaying the traditional escutcheon with a key, rising sun, and striped shield, flanked by an oak branch and laurel sprig. The curved legend REPUBLICA DE CUBA arcs above along the upper periphery, while the denomination 100 PESOS and fineness designation AU 0.999 appear below the arms. The weight designation 1 OZ is incorporated into the lower legend. Two five-pointed stars flank the arms at the sides. A ropelike border adorns the upper half of the periphery, while a native decorative pattern ornaments the lower half near the rim.
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Reverse description A portrait bust of Hatuey, the legendary Taino chieftain, is depicted in the central field, rendered in a stylized manner evoking indigenous heritage. The name HATUEY appears as a legend below the portrait, while the curved inscription V CENTENARIO arcs across the upper periphery, commemorating the quincentenary of Columbus's arrival in the Americas. The dual dates 1492 and 1991 flank the commemorative legend, marking the historical span of the anniversary. A mintmark and the issue date appear to the right of the effigy. A native geometric decorative pattern borders the lower periphery near the rim.
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Additional information

Issued in 1991 as Cuba's hard-currency export coinage, this piece was never intended for domestic circulation — the Cuban peso was non-convertible, and gold coin ownership by ordinary citizens remained effectively prohibited. The Banco Nacional produced these specifically for foreign buyers and numismatic markets, generating the convertible currency the regime needed following the collapse of Soviet subsidies.

Hatuey was a Taíno chieftain executed by the Spanish in 1512 — reportedly burning at the stake rather than accept baptism. He had already fled Hispaniola to warn Cuba's indigenous population of the Spanish advance.

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