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50 Pesos First Cuban Railroad
| Issuer | Banco Nacional de Cuba |
|---|---|
| Year | 1989 |
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| Composition | Log in to see details |
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| Engraver(s) | Rafael Artiles Silva |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse lettering | 150 ANIV. DE 1er FERROCARRIL HISPANO-AMERICANO 1989 HABANA-BEJUCAL 1837-1987 CUBA ORO FINO 1/2 OZ. 0.999 (Translation: 150th Anniversary of the 1st Hispano-American Railway 1989 Havana - Bejucal 1837-1987 Cuba fine gold 1/2 ounce 0.999) |
| Edge | Reeded. |
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| Additional information |
Cuba's first railroad, inaugurated in November 1837, predated Spain's own domestic rail network — a fact that irritated Madrid considerably and reflected the sugar industry's desperate need to move cane from interior plantations to coastal ports. The line ran between Havana and Bejucal, financed largely by Creole planters rather than the colonial government.
This 1989 issue belongs to a sustained hard-currency program the Castro government ran through the 1980s, selling commemorative gold abroad to generate foreign exchange it couldn't obtain through trade.