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50 Pesos Diego Velázquez
| Issuer | Cuba |
|---|---|
| Year | 1991 |
| Type | Log in to see details |
| Value | 50 Pesos (50 CUP) |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | REPUBLICA DE CUBA 1/2 OZ 50 PESOS AU 0.999 (Translation: Republic of Cuba 1/2 ounce 50 Pesos gold 0.999) |
| Reverse description | A portrait bust of Diego Velázquez de Cuéllar, the Spanish conquistador and first governor of Cuba, is centered within a laurel wreath. The legend V CENTENARIO, flanked by five-pointed stars, arcs across the upper field in commemoration of the quincentenary of the European discovery of the Americas. The inscriptions DIEGO VELAZQUEZ and the commemorative date 1492 appear below the portrait, while the issue year 1991 and a mintmark are positioned to the left of the central design. A rope border runs close to the rim. |
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| Additional information |
Diego Velázquez de Cuéllar founded the first seven Spanish settlements in Cuba beginning in 1511, making him the island's original colonial governor — a figure the revolutionary Cuban state would otherwise have little interest in celebrating. This coin belongs to a series issued in the early 1990s when Cuba, facing the collapse of Soviet subsidies and desperate for hard currency, aggressively targeted the international bullion and numismatic collector market. The historical subject matter was chosen for export appeal, not ideological alignment.