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100 Pesos Spanish Monarchs
| Issuer | Banco Nacional de Cuba |
|---|---|
| Year | 1992 |
| 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 |
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| Orientation | Coin alignment ↑↓ |
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| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse script | Latin |
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| Edge | Log in to see details |
| Mint | Log in to see details |
| Mintage | ND (1992) - Proof - 100 |
| Additional information |
Cuba's high-denomination gold issues of the early 1990s were produced in the immediate aftermath of the Soviet collapse, when the Cuban economy lost roughly 35% of its GDP almost overnight. Hard currency was desperately needed, and coins like this one were minted explicitly for the foreign collector and bullion market — they were never intended to circulate domestically, where the peso was rationed and dollar transactions remained technically illegal until 1993.
The Spanish Monarchs series drew on the quincentennial of Columbus's first voyage as its commercial hook, timed to coincide with international commemorative interest in 1492.