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10 Pesos

Issuer Banco Nacional de Cuba
Year 1905
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Shape Rectangular
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Obverse description The issuer's bilingual title arches across the top of the note in bold letterpress. A central vignette carries a portrait of Tomás Estrada Palma, first President of Cuba. Face value is expressed in Roman numerals and text on both lateral margins, with an Arabic numeral denomination below the portrait; the main text is printed in black with serial numbers in red.
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Reverse description A central architectural vignette presents the Castillo de los Tres Reyes del Morro (Castle of the Three Kings of the Point), the iconic Havana harbour fortress. The issuer's name appears in Spanish above the vignette and in English below it, with face value numerals flanking the image on both sides. The overall colour scheme is green.
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Comments

The Banco Nacional de Cuba was established in 1901 under the first American occupation government, and its early note issues were closely tied to U.S. monetary policy — the Cuban peso was pegged at parity with the U.S. dollar from the outset. ABNC handled the full series, as it did for most Latin American central banks of the period, working from engraved steel plates that gave the notes their characteristic fine-line detail.

The 1905 issues are notably scarce in any grade. The bank's operational lifespan was short; it was liquidated in 1921 following a catastrophic banking crisis that wiped out several Cuban institutions simultaneously, and surviving note stocks were largely called in and destroyed.

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