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1 Peso Silver Certificate

1 Peso (Silver Certificate) - obverse1 Peso (Silver Certificate) - reverse

© Leandro.brito (CC BY-NC)

Features

Location Cuba
Issuing institution General Treasury of the Republic
Period First Republic (1902-1906, 1909-1959)
Type Standard circulation banknotes
Years 1934-1949
Value 1 Peso (1 CUP)
Currency Cuban Peso (moneda nacional, 1914-date)
Composition Paper
Size 156 × 67 mm
Shape Rectangular
Demonetized 6 March 1953
Number
N#
205384
References P# 69
Standard Catalog of World Paper Money (10 volumes).
, TBB# B401a, B401b, etc.
Owen W. Linzmayer. The Banknote Book (4 volumes).

Obverse

Black and blue printing.
José Martí at center, within olive wreath. Country name on top, face value in letters over number on both top corners and right of image; in letters on both lower corners and left of image; this one on red General Treasury seal.
Black series (year of issue) on top left and lower center to right. Control: one letter on top left and one letter and 1 digit on lower right. Red serial #s, 6 digits, with 1 letter prefix and 1 letter suffix on lower left and upper right. 2 black signatures with titles and details below.
Serial: red.
on left, red seal of the General Treasury.

Script: Latin

Lettering:
1 PESO
REPUBLICA DE CUBA
SERIE DE
1938
B
UN PESO A377390A
JOSÉ MARTÍ
MINISTRO DE HACIENDA
LEY DE JUNIO 23 DE 1938
LEY Nº 5-MAYO 2 DE 1942
PRESIDENTE DE LA REPUBLICA
LA HABANA, CUBA
ESTE CERTIFICADO, CUYO VALOR EN PLATA ACUÑADA ESTÁ DEPOSITADO EN LA TESORERÍA GENERAL DE LA REPÚBLICA,
SERÁ ACEPTADO SIN LIMITACIÓN DE PAGO DE LOS IMPUESTOS DEL ESTADO LA PROVINCIA Y EL MUNICIPIO
CERTIFICADO DE PLATA

Translation:
One Peso
Republic of Cuba
Series of 1938
One Peso
José Martí
Minister of Finance, Law from June 23rd., 1938, Law # 5 - May 2nd., 1942
president of the Republic, Havana, Cuba.
This certificate, which value in minted silver is stored on the General Treasury of the Republic,
will be accepted without limits of payment of the taxes from the State, the Province and the Municipal.
Silver Certificarte

Reverse

Blue printing.
Cuban coat of arms at center
Country name on top, face value in number on all four corners, in letters, vertical, on left and right edges.
Printer name on bottom.

Script: Latin

Lettering:
CERTIFICADO DE PLATA
1
REPUBLICA DE CUBA
UN PESO
ESTE CERTIFICADO ACREDITA QUE SU IMPORTE ESTÁ DEPOSITADO INTEGRAMENTE
EN MONEDAS DE PLATA DE A PESO, DEL CUÑO NACIONAL, EN LA
TESORERÍA GENERAL DE LA REPÚBLICA
A LA DISPOSICIÓN DEL TENEDOR DEL MISMO Y QUE LE SERÁ ENTREGADO A SU DEMANDA.
UNITED STATES BUREAU OF ENGRAVING AND PRINTING.

Translation:
Silver Certificate
Republic of Cuba
One Peso
This Certificate provides that its amount is fully deposited in silver coins of 1 peso, of the national minting, at the
General Treasury of the Republic
at the disposal of the bearer and will be delivered on his demand.

Signatures

Manuel Despaigne Riverie (MDR) Secretary of Finance
Carlos Mendieta Montefur (CMM) Republic President
Ricardo Ponce de la Torre (RPT) Secretary of Finance
José A. Barnet Vinageras (JABV) Republic President
Germán Walter del Rí­o (GWR) Secretary of Finance
Miguel M. Gómez Arias (MMGA) Republic President
Manuel Giménez Lanier (MGL) Secretary of Finance
Federico Laredo Bru (FLB) Republic President
Eduardo Montoulieu de la Torre (EMT) Minister of Finance
Fulgencio Batista Zaldí­var (FBZ) Republic President
Manuel Fernández Supervielle (MFS) Minister of Finance
Ramón Grau San Martí­n (RGSM) Republic President
Isauro Valdés Moreno (IVM) Minister of Finance
Antonio Prío Socarrás (APS) Minister of Finance
Carlos Prí­o Socarrás (CPS) Republic President

Printer

Bureau of Engraving and Printing, United States (1862-date)

Comments

The “…silver coins of 1 peso, of the national minting…” referred on reverse bottom legend were the known as “Peso Macho”,  N# 9263 Photo then replaced with the “ABC Pesos” N# 13902 Photo that never circulated.

See also

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Date Signatures No. printed VG F VF XF AU UNC References Frequency
1934  MDR, CMM Photo 6 000 000 P# 69a
Standard Catalog of World Paper Money (10 volumes).
, TBB# B401a
Owen W. Linzmayer. The Banknote Book (4 volumes).
12%
1936  RPT, JABV 1 000 000 P# 69b
Standard Catalog of World Paper Money (10 volumes).
, TBB# B401b
Owen W. Linzmayer. The Banknote Book (4 volumes).
Year as 1936 4%
1936  GWR, MMGA Photo 3 000 000 P# 69c
Standard Catalog of World Paper Money (10 volumes).
, TBB# B401c
Owen W. Linzmayer. The Banknote Book (4 volumes).
Year as 1936A 5%
1938  MGL, FLB Photo 11 864 000 $ 23 $ 37 P# 69d
Standard Catalog of World Paper Money (10 volumes).
, TBB# B401d
Owen W. Linzmayer. The Banknote Book (4 volumes).
38%
1943  EMT, FBZ Photo 7 125 200 $ 29 P# 69e
Standard Catalog of World Paper Money (10 volumes).
, TBB# B401e
Owen W. Linzmayer. The Banknote Book (4 volumes).
24%
1945  MFS, RGSM Photo 5 757 200 P# 69f
Standard Catalog of World Paper Money (10 volumes).
, TBB# B401f
Owen W. Linzmayer. The Banknote Book (4 volumes).
13%
1948  IVM, RGSM Photo 10 000 600 $ 23 P# 69g
Standard Catalog of World Paper Money (10 volumes).
, TBB# B401g
Owen W. Linzmayer. The Banknote Book (4 volumes).
19%
1949  APS, CPS Photo 4 968 000 P# 69h
Standard Catalog of World Paper Money (10 volumes).
, TBB# B401h
Owen W. Linzmayer. The Banknote Book (4 volumes).
6%

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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Past sales

Pictures Sale Date Version Grade Sold price
Picture 1 of a sold 1 Peso (Silver Certificate)Picture 1 of a sold 1 Peso (Silver Certificate)
Heritage Auctions
2020 December 22 Certified American Tokens & Medals US Coins Special Monthly Auction 60180
Lot 89076
Internet Archive
22 Dec 2020 1934 MDR, CMM – P# 69a, TBB# B401a F
(PMG 15 Choice Fine)

The lot includes several items.

Lot contains 6 notes, same type, different years

Picture 1 of a sold 1 Peso (Silver Certificate)Picture 1 of a sold 1 Peso (Silver Certificate)
Katz
Auction 113
Lot 2744
Internet Archive
17 Feb 2024 1936 GWR, MMGA – P# 69c, TBB# B401c – Year as 1936A F USD 111.10
(EUR 96.00)
(+ buyer's premium)
Picture 1 of a sold 1 Peso (Silver Certificate)Picture 1 of a sold 1 Peso (Silver Certificate)
Heritage Auctions
2020 December 22 Certified American Tokens & Medals US Coins Special Monthly Auction 60180
Lot 89076
Internet Archive
22 Dec 2020 1936 GWR, MMGA – P# 69c, TBB# B401c – Year as 1936A F
(PMG 15 Choice Fine)

The lot includes several items.

Lot contains 6 notes, same type, different years

Picture 1 of a sold 1 Peso (Silver Certificate)Picture 1 of a sold 1 Peso (Silver Certificate)
Katz
Auction 132
Lot 3509
Internet Archive
17 Jul 2024 1938 MGL, FLB – P# 69d, TBB# B401d VF USD 37.03
(EUR 32.00)
(+ buyer's premium)
Picture 1 of a sold 1 Peso (Silver Certificate)Picture 1 of a sold 1 Peso (Silver Certificate)
Heritage Auctions
2020 December 22 Certified American Tokens & Medals US Coins Special Monthly Auction 60180
Lot 89076
Internet Archive
22 Dec 2020 1938 MGL, FLB – P# 69d, TBB# B401d VF
(PMG 20 Very Fine)

The lot includes several items.

Lot contains 6 notes, same type, different years

Picture 1 of a sold 1 Peso (Silver Certificate)Picture 1 of a sold 1 Peso (Silver Certificate)
Katz
Auction 107
Lot 2561
Internet Archive
10 Jan 2024 1938 MGL, FLB – P# 69d, TBB# B401d F USD 35.88
(EUR 31.00)
(+ buyer's premium)
Picture 1 of a sold 1 Peso (Silver Certificate)Picture 1 of a sold 1 Peso (Silver Certificate)
Katz
Auction 71
Lot 4466
Internet Archive
30 Nov 2022 1938 MGL, FLB – P# 69d, TBB# B401d F
The lot includes several items.

4 notes, same year.

Picture 1 of a sold 1 Peso (Silver Certificate)Picture 1 of a sold 1 Peso (Silver Certificate)
Heritage Auctions
2020 December 22 Certified American Tokens & Medals US Coins Special Monthly Auction 60180
Lot 89076
Internet Archive
22 Dec 2020 1943 EMT, FBZ – P# 69e, TBB# B401e VF
(PMG 25 Very Fine)

The lot includes several items.

Lot contains 6 notes, same type, different years

Picture 1 of a sold 1 Peso (Silver Certificate)Picture 1 of a sold 1 Peso (Silver Certificate)
Heritage Auctions
2020 December 22 Certified American Tokens & Medals US Coins Special Monthly Auction 60180
Lot 89076
Internet Archive
22 Dec 2020 1945 MFS, RGSM – P# 69f, TBB# B401f VF
(PMG 30 Very Fine EPQ)

The lot includes several items.

Lot contains 6 notes, same type, different years

Picture 1 of a sold 1 Peso (Silver Certificate)Picture 1 of a sold 1 Peso (Silver Certificate)
Katz
Auction 64
Lot 3095
Internet Archive
17 Aug 2022 1948 IVM, RGSM – P# 69g, TBB# B401g F USD 42.82
(EUR 37.00)
(+ buyer's premium)
See all 11 past sales

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