1000 Pesos

Features

Issuer Cuba
Issuing bank National Bank of Cuba
Period First Republic (1902-1906, 1909-1959)
Type Standard banknote
Year 1950
Value 1000 Pesos (1000 CUP)
Currency Cuban Peso (moneda nacional, 1914-date)
Composition Paper
Size 156 × 67 mm
Shape Rectangular
Demonetized 7 April 1959
Number
N#
219520
References P# 84
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 Tomás Estrada Palma in oval frame, at center.
Color: black and green.
Serial: red.
on left, red seal of the National Bank of Cuba.

Script: Latin

Lettering:
1000 1000
BANCO NACIONAL DE CUBA
MIL PESOS
1000 PESOS
TOMÁS ESTRADA PALMA
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:
1000 1000
National Bank of Cuba
One thousand Pesos
1000 Pesos
Tomás Estrada Palma
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, in round frame. Denomination on left and right. Country name on top.
Color: green.

Script: Latin

Lettering:
REPUBLICA DE CUBA
1000 1000
PESOS PESOS
1000 1000
MIL 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
1000 1000
Pesos Pesos
1000 1000
One thousand 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

Felipe Pazos Roque (FPR¹) President of National Bank of Cuba
José M. Bosch Lamarque (JMBL) Minister of Finance

Printer

American Banknote Corporation (American Bank Note Company), Ottawa, New York, United States (1795-date)

Comments

Tomás Estrada Palma was the first elected Cuban President after the independence on 1902, kept his position till 1906.
He had no political experience, so based his administration on a "commercial" plan, with higher income than outcome, having a surprising balance of over 20 million Dollars on 1905.
As he manipulated things to be reelected, members of Liberal Party started movements opposing this action, so he choose to ask the military intervention of US government, not to be deposed, and withdrew his position a few later, causing again the US control of the country.

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Date Signatures VG F VF XF AU UNC Frequency
1950  FPR¹, JMBL 100% P# 84a
1950  0% P# 84s - Specimen

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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Numista Rarity index: 89 Search tips
This index is based on the data of Numista members collections. It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members.

Past sales

Pictures Sale Date Version Grade Sold price
Picture 1 of a sold 1000 PesosPicture 1 of a sold 1000 Pesos
Katz
Auction 99
Lot 3676
Internet Archive
31 Oct 2023 Undetermined UNC USD 314.32
(EUR 291.00)
(+ buyer's premium)
Picture 1 of a sold 1000 PesosPicture 1 of a sold 1000 Pesos
Katz
Auction 95
Lot 997
Internet Archive
16 Sep 2023 Undetermined UNC USD 217.11
(EUR 201.00)
(+ buyer's premium)
Picture 1 of a sold 1000 PesosPicture 1 of a sold 1000 Pesos
Katz
Auction 80
Lot 1906
Internet Archive
5 Apr 2023 Undetermined UNC USD 196.59
(EUR 182.00)
(+ buyer's premium)
Picture 1 of a sold 1000 PesosPicture 1 of a sold 1000 Pesos
Katz
Auction 76
Lot 2454
Internet Archive
28 Jan 2023 Undetermined UNC USD 292.72
(EUR 271.00)
(+ buyer's premium)
Picture 1 of a sold 1000 PesosPicture 1 of a sold 1000 Pesos
Katz
Auction 68
Lot 2580
Internet Archive
8 Oct 2022 Undetermined UNC USD 217.11
(EUR 201.00)
(+ buyer's premium)
Picture 1 of a sold 1000 PesosPicture 1 of a sold 1000 Pesos
Katz
Auction 59
Lot 3217
Internet Archive
23 Apr 2022 Undetermined XF USD 92.89
(EUR 86.00)
(+ buyer's premium)
Picture 1 of a sold 1000 PesosPicture 1 of a sold 1000 Pesos
Katz
Auction 71
Lot 4469
Internet Archive
30 Nov 2022 Undetermined VF USD 83.17
(EUR 77.00)
(+ buyer's premium)
See the sales

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