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50 Pesos Sailfish

Issuer Cuba
Year 1994
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Currency Cuban Peso (moneda nacional, 1914-date)
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Obverse lettering REPUBLICA DE CUBA 5 OZ 50 PESOS AG 0.999
(Translation: Republic of Cuba 5 ounces. 50 Pesos Silver 0.999)
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Reverse script Latin
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Additional information

Cuba issued a series of large-format silver kilo-class coins through the 1990s primarily for the international collector market, generating hard currency during the sustained economic crisis that followed the Soviet Union's collapse in 1991. The "Special Period in Time of Peace," as the Cuban government officially termed it, gutted state revenues and pushed the mint toward aggressive export numismatics as one of the few available dollar-earning mechanisms.

The sailfish subject connects to Cuba's well-documented deep-sea fishing tradition off the north coast — Hemingway's years at Cojímar were no accident geographically.

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