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ND(1953) Cuban Silver Peso (centennial of Jose Marti)

Obverse
Reverse
Item Notes
General
Type: Cuban Silver Peso (centennial of Jose Marti) 
Year: 1953  Cat. Num.: KM# 29 
Country: Cuba  Period: First Republic 
Currency: Cuban Peso  Face value: 1 Peso 
System: Decimal  100 Centavos = 1 Peso 
Desgr/Engr:  
Subject: Centennial birth of Jose Marti 
Obverse: Radiant sun rising above water, denomination below 
Legend: REPUBLICA DE CUBA 1 PESO 26.7295 G. 900M. PATRIA Y LIBERTAD 
Reverse: Bust left, two dates 
Legend: 1853 CENTENARIO DE MARTI 1953 
Edge:  
Issue
Year:
ND(1953)
Mint:  
Mintage: 1,000,000 
Scarcity:
Valuation:
 
Notes:  
Grades & Prices Available 
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Specifications
Alignment:
Composition: Silver 
Fineness: 0.9000 
Weight(g): 26.7295g 
Weight(Oz): 0.86 Oz 
Net Content: 0.77 Oz (24.06g) 
Bullion Value: $13.68 
Diameter: 38.00mm 
Thickness:  
Description

Before 1857, Spanish and Spanish colonial reales circulated in Cuba. From 1857, banknotes were issued specifically for use on Cuba. These were denominated in pesos, with 1 peso = 8 reales. From 1869, notes were also issued denominated in centavos, with 100 centavos = 1 peso. In 1881, the peso was pegged to the U.S. dollar at par. The currency continued to be issued only in paper form until 1915, when the first coins were issued.

In 1915, cupro-nickel 1, 2 and 5 centavos, silver 10, 20 and 40 centavos and 1 peso, and gold 1, 2, 4, 10 and 20 peso coins were introduced. These coins were designed by Charles E. Barber, who also designed the Barber dimes, quarters, half dollars for the US. The coins were minted at the US mint at Philadelphia.

Value Range 
Year Mintage G F VF EF AU UNC BU PROOF
ND(1953) 1,000,000 $14.00 $19.50 $26 $35 $160
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