5 Pesos

Luzarraga's bank was one of several private Cuban issuing houses that operated under Spanish colonial tolerance in the mid-nineteenth century — a loose arrangement that gave merchant bankers considerable latitude before the Banco Español de la Habana moved to consolidate the island's note issue. The American Bank Note Company's involvement reflects a pattern common to Latin American private banks of the period: engraving and printing contracted out to New York rather than Madrid or Havana, for quality reasons neither side advertised.

Pick 114 is scarce in any condition, consistent with the short-lived nature of most Cuban private bank charters.