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50 Pesos First Railroad in England, Piedfort
| Issuer | Banco Nacional de Cuba |
|---|---|
| Year | 1989 |
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| Composition | Log in to see details |
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| In circulation to | 1989 |
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| Obverse description | Central field bears the Cuban national coat of arms, depicting a shield quartered with a royal palm, rising sun over the sea, and a key between two promontories, supported by a fasces of arrows and an oak branch. A curved legend above reads 'REPUBLICA DE CUBA' and 'BANCO NACIONAL DE CUBA', while the denomination '50 PESOS' appears in the lower field. The design corresponds to that used on the standard-issue KM#313 coinage. |
|---|---|
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| Reverse lettering | 160 ANIV. DEL 1er FERROCARRIL DEL MUNDO ORO FINO 1/2 OZ. 0.999 1989 LIVERPOOL-MANCHESTER 1830-1990 (Translation: 160th Anniversary of the First Railroad in the World Pure Gold 1/2 ounce 0.999 1989 Liverpool-Manchester 1830-1990) |
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| Additional information |
Cuba's piedfort commemorative program of the late 1980s targeted the international collector market almost exclusively — hard currency was desperately needed as Soviet subsidies began their terminal decline. This piece honors the 1825 Stockton and Darlington Railway, the first public steam-powered line, though Cuba's own rail history predates that of most of Latin America: the Havana–Bejucal line opened in 1837, before Spain itself had a functioning railway.
The piedfort format, struck at twice standard thickness, was a deliberate premium-market decision by the BNC to justify higher issue prices to foreign buyers.