1 Peso ABC Peso

Features

Country Cuba
Type Standard circulation coin
Years 1934-1939
Value 1 Peso (1 CUP)
Currency Cuban Peso (moneda nacional, 1914-date)
Composition Silver (.900) (silver 90%, copper 10%)
Weight 26.7295 g
Diameter 38 mm
Shape Round
Orientation Coin alignment ↑↓
Demonetized 03-13-1962
References KM# 22,
  • Tracy L. Schmidt (editor); 2019. Standard Catalog of World Coins, 2001-Date (14th edition). Krause Publications, Stevens Point, Wisconsin, USA. ISBN 9781440248979.
  • Thomas Michael (editor), Tracy L. Schmidt (editor); 2016. Standard Catalog of World Coins, 1601-1700 (7th edition). Krause Publications, Iola, Wisconsin, USA. ISBN 9781440248573.
  • Thomas Michael (editor); 2016. Standard Catalog of World Coins, 1701-1800 (7th edition). Krause Publications, Iola, Wisconsin, USA. ISBN 9781440247064.
  • Tracy L. Schmidt (editor); 2019. Standard Catalog of World Coins, 1801-1900 (9th edition). Krause Publications, Stevens Point, Wisconsin, USA. ISBN 9781440248955.
  • Tracy L. Schmidt (editor); 2019. Standard Catalog of World Coins, 1901-2000 (47th edition). Krause Publications, Stevens Point, Wisconsin, USA. ISBN 9781440248962.
Y# 16
  • Richard S. Yeoman, Arthur L. Friedberg; 2007. A Catalog of Modern World Coins: 1850-1964 (14th edition). Whitman Publishing Company, Atlanta, USA. ISBN 9780794820565.
  • Richard S. Yeoman, Arthur L. Friedberg, Ira Friedberg; 1988. Current Coins of the World (8th edition). Coin & Currency Institute, Clifton, USA. ISBN 9780871848017.

Obverse

Cuban coat of arms, face value to left, country name below coat, fineness and weight on top.

Lettering:
900 M
26.7295 G
UN PESO
REPUBLICA DE CUBA

Engraver: Jaime Valls Diaz

Reverse

Image of "The Republic" and star to right. Motto "Patria y Libertad" to right, date below motto.

Lettering:
PATRIA Y LIBERTAD
1937

Engraver: Jaime Valls Diaz

Edge

Reeded

1 Peso (ABC Peso) -  obverse

© Cyrillius

Mint

United States Mint, Philadelphia, United States (1792-date)

Comments

These  coins were minted as warranty for the banknotes printed on the same moment, so were not intended to circulate, but many coins show sign of have been heavily circulated.

The 1934 issue has the digits of the date overprinted, but the "3" and "4", reminded the hammer and sickle used as communist symbols. maybe for that reason the following years had date digits separate.

All issues are fairly scarce, but 1937 is harder to find. Seems reason is, on 1950 the coins were released as warranty, as the banknotes turned to be backed by gold reserves and foreign currencies, so National Bank decided to keep a certain quantity of each year with numismatics purposes, and send to melt the rest. By mistake all the 1937 coins were sent to melt, but when loading the vessel, a bag of this year broke and contents fell to land. Not all coins were retrieved, so those coins and the ones that circulated are the few still existing.

See also

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Date Mintage VG F VF XF AU UNC Frequency
1934  7,000,000 34%
1934  3% Matte Proof
1935  12,500,000 66.87 60%
1936  16,000,000 16%
1937  11,500,000 8% Very scarce
1938  10,800,000 16%
1939  9,200,000 33%

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 a measure, but 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 coin. Since some users own several versions, the sum may be greater than 100%.

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Numista Rarity index: 53 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.

Bullion value: 19.62 USD Search tips
This value is given for information purpose only. It is based on a price of silver at 816 USD/kg. Numista does not buy or sell coins or metal.

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