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500 Pesos
| Issuer | Banco Nacional de Cuba |
|---|---|
| Year | 1950 |
| Type | Log in to see details |
| Value | 500 Pesos (500 CUP) |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The Cuban coat of arms is centrally positioned within a circular frame, rendered in red intaglio against a guilloche underprint. Denomination numerals appear to the left and right of the central vignette, with the country name REPUBLICA DE CUBA in a legend across the top. Legal tender text is inscribed in the lower portion of the note. |
| Reverse lettering | REPUBLICA DE CUBA 500 500 PESOS PESOS 500 500 QUINIENTOS PESOS ESTE BILLETE TIENE CURSO LEGAL Y FUERZA LIBERATORIA ILIMITADA, DE ACUERDO CON LA LEY, PARA EL PAGO DE TODA OBLIGACION CONTRAIDA O ACUMPLIR EN EL TERRITORIO NACIONAL. (Translation: Republic of Cuba 500 500 Pesos Pesos 500 500 Five hundred 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 Banco Nacional de Cuba was only established in 1948, replacing the old system in which the National City Bank of New York and other commercial banks effectively controlled Cuban currency issuance. This 500 Pesos note, printed by ABNC two years after the bank's founding, belongs to the first substantive high-denomination series issued under genuine Cuban central banking authority.
At 500 Pesos, this was the largest denomination in the series — not a note that circulated freely. Examples that did circulate tend to show heavy fold wear along the vertical center, characteristic of how high-value notes were stored folded in ledgers or safes rather than handled as daily currency.