Catalog
1000 Pesos
| Issuer | Banco Nacional de Cuba |
|---|---|
| Year | 1950 |
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| Composition | Cotton paper |
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| Obverse description | Central vignette comprises an intaglio portrait of Tomás Estrada Palma set within an oval frame, flanked by guilloche underprint in black and green. The red seal of the Banco Nacional de Cuba appears to the left of the portrait, with serial numbers printed in red. Inscriptions identify the subject and carry the full guarantee clause of the Banco Nacional de Cuba along the lower register. |
|---|---|
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| Reverse description | The Cuban Coat of Arms occupies the central cartouche, enclosed within a circular guilloche frame, rendered in green intaglio. Denomination numerals appear to the left and right of the central vignette, with the country title arching across the top. A legal tender clause in Spanish runs along the lower portion of the note. |
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| Comments |
The Banco Nacional de Cuba was itself only established in 1948, making this 1950 issue among the earliest notes the institution produced. Cuba had previously relied on U.S. currency as legal tender following the dissolution of earlier banking arrangements, so the creation of a genuinely Cuban central bank — and the high-denomination notes that followed — carried real political weight for the Batista-era government.
At 1000 Pesos, this is the highest denomination in the series. ABNC produced relatively small print runs for this value, and attrition through the 1959 revolution and subsequent monetary reforms was severe. Post-revolutionary authorities withdrew and destroyed large quantities of Republican-era currency.