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The E-Sylum: Volume 25, Number 39, September 25, 2022, Article 19

HERITAGE OFFERS CUBAN BANKNOTES

Here's a selection of Cuban banknotes in the upcoming October 9, 2022 Heritage sale. Many great rarities here. Images courtesy Heritage Auctions, HA.com. -Editor

Lot 89001: Cuba 1859 300 Pesos
01 Cuba 1859 300 Pesos

Cuba El Banco Espanol de la Habana 300 Pesos 24.9.1859 Pick 2 PMG Choice Fine 15.

The Spanish Bank of Havana was created in 1855 and banknotes from the first series are extremely rare today. This large format 300 Pesos was a middle denomination of the series. All notes issued from this first series in the 1850s were withdrawn in or around 1860, making them virtually impossible to obtain today. All details are clearly legible despite circulation and cancellations. The overprint at front translates to "unusable". Hole punches are mentioned for accuracy. Of the highest degree of rarity, and the first example graded by PMG. An exciting offering and part of a tremendous Cuban collection offered in today's sale.

To read the complete lot description, see:
Cuba El Banco Espanol de la Habana 300 Pesos 24.9.1859 Pick 2 PMG Choice Fine 15.. ... (https://currency.ha.com/itm/world-currency/cuba-el-banco-espanol-de-la-habana-300-pesos-2491859-pick-2-pmg-choice-fine-15/a/61469-89001.s)

Lot 89004: Cuba 1870 25 Pesos
04 Cuba 1870 25 Pesos

Cuba El Banco Espanol de la Habana 25 Pesos 4.4.1870 Pick 13 PMG Choice Very Fine 35 Net. A simply outstanding colonial type, incredibly rare in any format, and only the third we have offered of this denomination. A fully written date of 4th April 1870 is seen, along with a plethora of other written and printed notations. An interesting stamp on the back is seen between the red cancellation and hole punched cancellations. The font of this note has been overprinted "unusable". Rare in any grade but this is an especially pleasing example which happens to be the single finest of only three currently graded by PMG. Ink burns are mentioned for accuracy.

To read the complete lot description, see:
Cuba El Banco Espanol de la Habana 25 Pesos 4.4.1870 Pick 13 PMG Choice Very Fine 35 Net.. ... (https://currency.ha.com/itm/world-currency/cuba-el-banco-espanol-de-la-habana-25-pesos-441870-pick-13-pmg-choice-very-fine-35-net/a/61469-89004.s)

Lot 89008: Cuba 1870 500 Pesos
08 Cuba 1870 500 Pesos

Cuba El Banco Espanol de la Habana 500 Pesos 4.1.1870 Pick 17 PMG Fine 12 Net.

A mere two examples of this second highest denomination note are currently graded by PMG. All large format notes of this series are seldom seen and are extremely popular. A plethora of fountain pen ink is seen on both sides of this note, which includes handwritten dates, signatures, and pen and punched cancellations. There are some ink burns, tape repairs and margin damage mentioned, along with stamped cancellations on both sides. Only the second we have offered and part of this stunning series offered in today's comprehensive sale.

To read the complete lot description, see:
Cuba El Banco Espanol de la Habana 500 Pesos 4.1.1870 Pick 17 PMG Fine 12 Net.. ... (https://currency.ha.com/itm/world-currency/cuba-el-banco-espanol-de-la-habana-500-pesos-411870-pick-17-pmg-fine-12-net/a/61469-89008.s)

Lot 89014: Cuba 1883 100 Pesos
14 Cuba 1883 100 Pesos

Cuba El Banco Espanol de la Habana 100 Pesos 3.11.1883 Pick 23 PMG Very Fine 25.

A crowning banknote featuring a crowned woman at front, this is the first completely original and unaltered example we have offered. 100 Pesos in 1883 was a hefty sum of money representing 20 Spanish crown-sized silver coins of European fineness and weight. The colors and paper are excellent. There is an additional sideways serial number on the front mentioned for accuracy. A high denomination note that is extremely rare as issued and missing from many collections.

To read the complete lot description, see:
Cuba El Banco Espanol de la Habana 100 Pesos 3.11.1883 Pick 23 PMG Very Fine 25.. ... (https://currency.ha.com/itm/world-currency/cuba-el-banco-espanol-de-la-habana-100-pesos-3111883-pick-23-pmg-very-fine-25/a/61469-89014.s)

Lot 89023: Cuba 1883 3 Pesos
23 Cuba 1883 3 Pesos

Cuba El Banco Espanol de la Habana 3 Pesos 6.8.1883 Pick 28f PMG Very Fine 25.

The 1 and 3 Pesos banknotes issued from 1872 to feature a standard design with three elements: Havana Harbor, a tobacco plant, and on the back, Christopher Columbus with his men approaching land. All design elements are on full display, as this circulated example has remained bright and fresh. At the time of cataloging, this is the first and only example graded by PMG. Very rare in issued form and a delightful banknote from the 19th century.

To read the complete lot description, see:
Cuba El Banco Espanol de la Habana 3 Pesos 6.8.1883 Pick 28f PMG Very Fine 25.. ... (https://currency.ha.com/itm/world-currency/cuba-el-banco-espanol-de-la-habana-3-pesos-681883-pick-28f-pmg-very-fine-25/a/61469-89023.s)

Lot 89049: Cuba 1891 100 Pesos
49 Cuba 1891 100 Pesos

Cuba El Tesoro De La Isla De Cuba 100 Pesos 12.8.1891 Pick 43r Remainder PMG Very Fine 25. Pinholes are mentioned.

To read the complete lot description, see:
Cuba El Tesoro De La Isla De Cuba 100 Pesos 12.8.1891 Pick 43r Remainder PMG Very Fine 25.. ... (https://currency.ha.com/itm/world-currency/cuba-el-tesoro-de-la-isla-de-cuba-100-pesos-1281891-pick-43r-remainder-pmg-very-fine-25/a/61469-89049.s)

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Wayne Homren, Editor

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