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50 Pesos Ernesto 'Che' Guevara

Issuer Banco Nacional de Cuba
Year 1988
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Reference(s) KM#209, JMA#AAEE203
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Reverse description The reverse bears a portrait effigy of Ernesto 'Che' Guevara (1928–1967), depicted in his characteristic beret. The curved legend 'ERNESTO CHE GUEVARA' arcs along the upper periphery, flanked by raised dots. The birth and death years '1928-1988' appear in the lower field, with the issue date '1988' and relevant mintmark positioned to the left. Metallic specifications including 'ORO FINO', '1/2 OZ.', and fineness '0.999' are inscribed to the right of the portrait.
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Reverse lettering • ERNESTO CHE GUEVARA • 1988 • ORO FINO • 1928-1988 • 1/2 OZ. 0.999 •
(Translation: Ernesto Che Guevara 1988 Fine gold 1928-1988 1/2 ounce 0.999)
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Additional information

Cuba issued this coin as part of a broader commemorative gold program that ran through the 1980s, largely targeting the international collector market for hard currency. Guevara had been killed in Bolivia in October 1967 — his execution ordered by the Bolivian government with CIA involvement — and by the 1980s his image had become one of Cuba's most reliable export commodities, in iconographic if not literal terms.

The 1988 date places this issue in a period of acute economic pressure, well before the Special Period but already feeling the strain of Soviet subsidy reductions.

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