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300 Pesos

Issuer Banco Español de la Habana
Year 1869
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Composition Paper
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Obverse description Printed in black and brown, the obverse presents a central vignette of a sailing vessel entering Havana harbor with the Morro Castle in the background, flanked by two seated allegorical female figures, one holding a cornucopia and the other a staff. Subsidiary vignettes include a tobacco plant, palm trees, a sugar mill with smokestacks, and cattle drawing a cart laden with sugar cane. Denomination and issuing authority inscriptions appear within ornamental letterpress panels, with the date 12 de Noviembre de 1869 rendered in manuscript.
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Reverse lettering Inutil
Inutil
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Comments

The Banco Español de la Habana issued this note during one of the most turbulent periods in Cuban colonial history — the Ten Years' War had begun in October 1868, and Spanish authorities were under immediate fiscal pressure to fund military operations against the insurrection. Notes of this denomination circulated in a deeply unstable environment where public confidence in paper currency was already fragile.

The American Bank Note Company contract is worth noting: despite Spain's political control over Cuba, the colony's premier banking institution was sourcing its security printing from New York, a city that was simultaneously a hub of sympathy and material support for the Cuban independence cause.

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