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50 Pesos
| Issuer | Banco Nacional de Cuba |
|---|---|
| Year | 1961 |
| Type | Standard circulation banknote |
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| Obverse description | Oval portrait vignette of Calixto García Iñiguez at center, with his name inscribed below the portrait; face value rendered in letters to each side and the issuer's title across the top. The note is printed in violet with serial numbers in red, over a fine guilloche underprint. |
|---|---|
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| Reverse lettering | REPUBLICA DE CUBA NACIONALIZACION DE LAS EMPRESAS EXTRANJERAS 6 DE AGOSTO DE 1960 ICP CINCUENTA CINCUENTA 50 50 PESOS PESOS UNITED FRUIT ESSO 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 Nationalization of the foreign enterprises August 6th., 1960 ICP Fifty Fifty 50 50 Pesos Pesos 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 1961 Cuban 50 Pesos was printed by Státní Tiskárna Cenin (STC) in Prague — a direct consequence of the revolution's break with Washington and the subsequent U.S. trade embargo, which cut Cuba off from the American Bank Note Company and other Western security printers it had previously relied upon. The shift to Czechoslovak printing was part of a broader realignment with the Eastern Bloc that reshaped Cuban institutions almost overnight.
STC had considerable experience printing currency for socialist states and produced the note to high intaglio standards. This is one of the earlier issues in the post-revolutionary series before the Banco Nacional itself was absorbed into state monetary mechanisms restructured through the 1960s.