1 Peso ABC Peso
| Silver (.900) (silver 90%, copper 10%) | 26.7295 g | 38 mm |
| Issuer | Cuba |
|---|---|
| Period | First Republic (1902-1906, 1909-1959) |
| Type | Standard circulation coin |
| Years | 1934-1939 |
| Value | 1 Peso (1 CUP) |
| Currency | Cuban Peso (moneda nacional, 1914-date) |
| Composition | Silver (.900) (silver 90%, copper 10%) |
| Weight | 26.7295 g |
| Diameter | 38 mm |
| Shape | Round |
| Technique | Milled |
| Orientation | Coin alignment ↑↓ |
| Demonetized | 13 March 1962 |
| Updated | 2024-10-04 |
| Numista | N#13902 |
|---|---|
| Rarity index | 38% |
Reverse
Image of "The Republic" and star to right. Motto "Patria y Libertad" to right, date below motto.
Script: Latin
Lettering:
PATRIA
Y
LIBERTAD
1937
Translation:
Fatherland
and
Freedom
Engraver: Jaime Valls Diaz
Edge
Reeded
Comment
These coins were minted as a warranty for the banknotes printed simultaneously and were not intended to circulate. However, many coins show signs of heavy circulation.
The 1934 issue has the digits"3" and "4" of the date intertwined, which reminded some of the hammer and sickle used as communist symbols. That is assumed to be why the following years had the date digits separate. There is no reason for this as Jaime Valls had no communist ideology.
All issues are fairly scarce, but 1937 is harder to find. It is believed that in 1950 the coins were released as a warranty, as the banknotes were to be backed by gold reserves and foreign currencies. National Bank decided to keep a certain quantity each year with numismatic purposes and to melt the rest. By mistake all the 1937 coins were sent to be melted, but when loading the vessel, a bag of this year broke and the contents fell to land. Not all coins were retrieved, so those coins and circulating examples are the few still in existence.
Interesting fact
The 1934-1939 Cuban 1 Peso coin made of silver (.900) has a unique feature. It has a scalloped rim, which sets it apart from other coins.
Price
| Date | Mintage | VG | F | VF | XF | AU | UNC |
|---|---|---|---|---|---|---|---|
| 1934 | 7000000 | - | - | - | - | - | - |
| 1935 | 12500000 | - | - | - | - | - | - |
| 1936 | 16000000 | - | - | - | - | - | - |
| 1937 | 11500000 | - | - | - | - | - | - |
| 1938 | 10800000 | - | - | - | - | - | - |
| 1939 | 9200000 | - | - | - | - | - | - |
Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for 1 Peso (ABC Peso) 1934-1939 coin.
