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1 Peso

Issuer Banco Nacional de Cuba
Year 1949-1960
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Value 1 Peso (1 CUP)
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Obverse lettering UN PESO UN BANCO NACIONAL DE CUBA UN PESO 1 PESO JOSÉ MARTÍ GARANTIZADO INTEGRAMENTE CON EL ORO, CAMBIO EXTRANJERO CONVERTIBLE EN ORO Y TODOS LOS DEMÁS ACTIVOS DEL BANCO NACIONAL DE CUBA. ESTE BILLETE CONSTITUYE UNA OBLIGACIÓN DEL ESTADO CUBANO.
(Translation: One Peso one National Bank of Cuba One Peso 1 Peso José Martí Fully Guaranteed with the gold, foreign exchange. Convertible into gold and all the other assets of the National Bank of Cuba This note constitutes an obligation of the Cuban State.)
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Reverse lettering REPUBLICA DE CUBA 1 1 UN UN PESO PESO 1 1 ESTE BILLETE TIENE CURSO LEGAL Y FUERZA LIBERATORIA ILIMITADA, DE ACUERDO CON LA LEY, PARA EL PAGO DE TODA OBLIGACIÓN CONTRAÍDA O A CUMPLIR EN EL TERRITORIO NACIONAL.
(Translation: Republic of Cuba 1 1 One one Peso Peso 1 1 This note is legal tender and has unlimited liberatory force, in accordance with the law, for payment of all obligations, contracted or to be fulfilled, on the whole national territory)
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Comments

The Banco Nacional de Cuba was established in 1950, replacing a system in which American commercial banks had dominated Cuban monetary infrastructure for decades. These ABNC-printed pesos were among the first notes issued by a genuinely autonomous Cuban central bank — a deliberate policy assertion rather than a routine printing contract.

The series spans the Batista years and runs right up to the revolution. Notes dated into the late 1950s were still being printed in New York even as the political situation deteriorated, and the series was eventually superseded by post-revolutionary issues after 1960. Pick #77 is relatively common in higher grades, ABNC's quality control being what it was.

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