10 Pesos La Demajagua

10 Pesos (La Demajagua) - obverse10 Pesos (La Demajagua) - reverse

© robertmx (CC BY-SA)

Features

Issuer Cuba
Issuing bank National Bank of Cuba
Period First Republic (1902-1906, 1909-1959)
Type Standard banknote
Years 1956-1960
Value 10 Pesos (10 CUP)
Currency Cuban Peso (moneda nacional, 1914-date)
Composition Paper
Size 156 × 67 mm
Shape Rectangular
Demonetized 4 August 1961
Number
N#
205093
References P# 88
Tracy L. Schmidt (editor); 2019. Standard Catalog of World Paper Money. Modern issues 1961-present (25th edition). Krause Publications, Iola, Wisconsin, United States.
And 2 more volumes.

Obverse

Portrait of Carlos Manuel de Céspedes in oval frame, on right; Demajagua tree at center.
Color: black and brown.
Serial: red.
on left, red seal of the National Bank of Cuba.

Script: Latin

Lettering:
10 PESOS 10
BANCO NACIONAL DE CUBA
DIEZ PESOS
CARLOS MANUEL DE CESPEDES
GARANTIZADO INTEGRAMENTE CON EL ORO, CAMBIO EXTRANJERO
CONVERTIBLE EN ORO Y TODOS LOS DEMÁS ACTIVOS DEL BANCO NACIONAL DE CUBA.
ESTE BILLETE CONSTITUYE UNA OBLIGACIÓN DEL ESTADO CUBANO.

Translation:
10 Pesos 10
National Bank of Cuba
Ten Pesos
Carlos Manuel de Céspedes
Fully Guaranteed with the gold, foreign exchange.
Convertible into gold and all the other assets of the National Bank of Cuba
This note constitutes an obligation of the Cuban State.

Reverse

Coat of arms at center, on sides images of Cuban milk industry: Cows on left, bottling process on right, country name on top.

Script: Latin

Lettering:
REPUBLICA DE CUBA
10 10
DIEZ PESOS
DIEZ 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
10 10
Ten Pesos
Ten 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

Signatures

Joaquí­n Martí­nez Sáenz (JMS) President of National Bank of Cuba
Justo Garcí­a Rainery (JGR) Minister of Finance
Ernesto "Che" Guevara (ECG) President of National Bank of Cuba
Rolando Dí­az Astaraí­n (RDA) Minister of Finance

Printer

De La Rue (Thomas de la Rue; Thomas De La Rue & Co.; TDLR), London, United Kingdom (1821-date)

Comments

La Demajagua is the name of a plantation and sugar cane processing complex, property of Carlos Manuel de Céspedes. On October 1868, started revolution, freeing his slaves and inviting then to join the movement. On same month, installations and plantations are destroyed by Spanish forces, partly as revenge to Céspedes. Debris of the factory kept on ground, and a jagüey tree grew thru a big gear wheel, as shown on the main image of obverse.

This fact was taken as a symbol of the determination of Cubans to face annoyances and rise again and stronger.


Image Courtesy of habanaradio.cu

See also

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Date Signatures VG F VF XF AU UNC Frequency
1956  JMS, JGR $ 3.60 18% P# 88a
1956  0% P# 88r - Replacement note, small crosslet design in place of prefix letter
1956  0% P# 88s1 - Specimen, perforated: "SPECIMEN"
1958  JMS, JGR $ 3.20 $ 4.30 31% P# 88b
1958  1.5% P# 88r - Replacement note, small crosslet design in place of prefix letter
1958  0% P# 88s2 - Specimen, perforated: "SPECIMEN"
1960  ECG, RDA $ 6.60 $ 6.60 $ 6.60 $ 7.60 64% P# 88c
1960  1.1% P# 88r - Replacement note, small crosslet design in place of prefix letter
1960  0% P# 88s3 - Specimen, perforated: "SPECIMEN"

Values in the table above are expressed in USD. They are based on evaluations by Numista users and sales realized on Internet platforms. They serve as an indication only; they are not intended to be relied upon for buying, selling or exchanging. Numista does not buy or sell coins or banknotes.

Frequencies show the percentage of Numista users who own each year or variety among all the users who own this banknote. Since some users own several versions, the sum may be greater than 100%.

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Members from this site want to exchange it: kezzerdrix, jamtnez, erniemix, TolgArtan, chitin, aguerrerop, Avraham Cohen

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Past sales

Pictures Sale Date Version Grade Sold price
Picture 1 of a sold 10 Pesos (La Demajagua)Picture 1 of a sold 10 Pesos (La Demajagua)
Katz
Auction 93
Lot 2543
Internet Archive
24 Aug 2023 Undetermined UNC USD 9.71
(EUR 9.00)
(+ buyer's premium)
Picture 1 of a sold 10 Pesos (La Demajagua)Picture 1 of a sold 10 Pesos (La Demajagua)
Katz
Auction 78
Lot 2580
Internet Archive
1 Mar 2023 Undetermined UNC USD 33.44
(EUR 31.00)
(+ buyer's premium)
Picture 1 of a sold 10 Pesos (La Demajagua)Picture 1 of a sold 10 Pesos (La Demajagua)
Katz
Auction 76
Lot 2455
Internet Archive
28 Jan 2023 Undetermined UNC USD 16.18
(EUR 15.00)
(+ buyer's premium)
Picture 1 of a sold 10 Pesos (La Demajagua)Picture 1 of a sold 10 Pesos (La Demajagua)
Katz
Auction 64
Lot 3093
Internet Archive
17 Aug 2022 Undetermined UNC USD 15.10
(EUR 14.00)
(+ buyer's premium)
Picture 1 of a sold 10 Pesos (La Demajagua)Picture 1 of a sold 10 Pesos (La Demajagua)
Katz
Auction 59
Lot 3220
Internet Archive
23 Apr 2022 Undetermined UNC USD 20.50
(EUR 19.00)
(+ buyer's premium)
Picture 1 of a sold 10 Pesos (La Demajagua)Picture 1 of a sold 10 Pesos (La Demajagua)
Katz
Auction 89
Lot 1737
Internet Archive
10 Jul 2023 Undetermined XF USD 16.18
(EUR 15.00)
(+ buyer's premium)
Picture 1 of a sold 10 Pesos (La Demajagua)Picture 1 of a sold 10 Pesos (La Demajagua)
Katz
Auction 64
Lot 3094
Internet Archive
17 Aug 2022 Undetermined XF USD 14.02
(EUR 13.00)
(+ buyer's premium)
Picture 1 of a sold 10 Pesos (La Demajagua)Picture 1 of a sold 10 Pesos (La Demajagua)
Katz
Auction 95
Lot 998
Internet Archive
16 Sep 2023 Undetermined USD 20.50
(EUR 19.00)
(+ buyer's premium)
Picture 1 of a sold 10 Pesos (La Demajagua)Picture 1 of a sold 10 Pesos (La Demajagua)
Katz
Jubilee Auction 60
Lot 655
Internet Archive
14 May 2022 Undetermined USD 119.75
(EUR 111.00)
(+ buyer's premium)
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