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50 Pesos El Escorial

Issuer Cuba
Year 1992
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Currency Cuban Peso (moneda nacional, 1914-date)
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Reverse description Central field depicts a detailed architectural view of El Escorial, the historic royal monastery and palace complex located near Madrid, Spain. The curved legend AÑO DE ESPAÑA arcs along the upper periphery, flanking the dual date 1992. The place name EL ESCORIAL appears in the lower exergue below the architectural vignette, accompanied by the mint mark. The composition commemorates Spain's designation as a cultural focal point for the year 1992.
Reverse script Latin
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Additional information

El Escorial, the vast monastery-palace complex northwest of Madrid, was commissioned by Philip II of Spain and completed in 1584 — a building whose construction consumed resources drawn substantially from New World silver, much of it passing through Havana. Cuba issuing a commemorative around this structure carries a certain historical irony that the catalog entry politely sidesteps.

The 1992 date places this squarely in the wave of Spanish-themed issues produced for the Quinto Centenario program marking the 500th anniversary of Columbus's first voyage. Cuban state mints issued aggressively into this collector market during the Special Period, hard currency being in desperately short supply after Soviet subsidies collapsed.

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