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5 Pesos

Issuer Banco de Circulación y Descuento de Manuel Antonio de Luzarraga
Year 1861
Type Pattern or trial banknote
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Reverse description The reverse is a mirror impression of the obverse, printed in pale olive-green and rose tones, confirming its status as a trial or proof strike; the left portion shows the ghost impression of the maritime steam vessel vignette and the Manuel Antonio de Luzarraga legend in reverse, while the right panel retains the allegorical female figure with scales in faint pink guilloche border. Five cancellation punch holes are visible along the lower margin, consistent with trial or specimen treatment.
Reverse lettering Banco de circulacion y descuento de
Manuel Antonio de Luzarraga
CINCO PESOS
5
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Comments

Banco de Circulación y Descuento de Manuel Antonio de Luzarraga was one of several short-lived private banks of emission operating in Cuba under Spanish colonial authority during the 1850s and 1860s — institutions that competed directly with the officially chartered Banco Español de La Habana. Luzarraga himself was a prominent Havana merchant and slaveholder whose banking venture operated on thin legal ground, issuing currency backed primarily by commercial credit rather than specie reserves.

The bank collapsed well before Cuban monetary reform consolidated note-issuing rights. Surviving examples from this issuer are genuinely rare across all denominations, P#113A included.

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