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CSNS Signature Currency Sale 3554  28 Apr & 1 May 2017
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Lot 28191

Estimate: 18 000 USD
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Cuba Banco Nacional de Cuba 1 Peso ND (1905) Pick 65. The first issue planned by the Banco Nacional de Cuba in 1905 consisted of four denominations; 1 Peso, 2 Pesos, 5 Pesos, and 10 Pesos. The notes were to be payable in gold coin on demand. American Bank Note Company was selected to print the notes and used appropriate portraits and vignettes related to the nation's recent independence efforts. The face of the 1 Peso note features a portrait of Domingo Mendez Capote supported by two putti. Capote studied law and graduated from the University of Havana Law School. After graduation he practiced law and was legal counsel to a number of large companies in Havana. In 1894 he joined Jose Marti's Cuban Revolutionary Party and the next year left his law practice to take up arms in support of the push for independence from Spain. He went on to serve as Vice President of the Cuban Republic in 1897, serve as the President of the Constitutional Convention in 1900-01, serve in the Cuban Senate, and finally as Vice President of Cuba in 1905-06. The back depicts a view of the Morro Castle in Havana. Officially known as Castillo de los Tres Reyes Magos del Morro it was named, in part, after the Three Magi who, according to tradition, were present at the birth of Christ. The design was drawn up by the Italian engineer Juan Bautista Antonelli and built during the course of 1589. The fortress was captured by the British in 1762, and was returned to the Spanish under treaty terms a year later. It remains a popular tourist destination to this day. Most authorities believe that this first issue was prepared but never released to circulation except for the largest 10 Peso denomination. This note is extremely rare and is uncancelled, seemingly ready for circulation at a moment's notice. PMG grades it Gem Uncirculated 65 EPQ. The four notes from this 1905 issue being offered tonight are the crown jewels of Cuban paper money and serious collectors should not miss the opportunity to acquire such pieces of historical significance. From The EMO Collection HID08701242017

Estimate: 18000-22000 USD
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