World Currency
Cuba Banco Nacional de Cuba 1 Peso ND (1905) Pick 65 PMG Choice Uncirculated 63. Although the name of this issuer may suggest government involvement, this was a commercial bank at the time. The government National Bank of Cuba did not begin issuing banknotes until 1948. Apparently, this commercial bank commissioned the American Banknote Company to prepare a 1905 series of notes, without authorization from the government. Almost immediately after issue, Havana issued an order to have the series recalled, and as such only a scant few survived to be enjoyed today. Uncirculated paper is seen on this initial denomination, which features a low serial number, 000066. An impressive offering of a type that was ended as quickly as it began. https://currency.ha.com/itm/world-currency/cuba-banco-nacional-de-cuba-1-peso-nd-1905-pick-65-pmg-choice-uncirculated-63/p/4028-21004.s?type=CoinArchivesCurrency4028 HID08706262019 © 2020 Heritage Auctions | All Rights Reserved
Estimate: 3200-4800 USD