Cuba 1989 100 pesos Fr-20

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Heritage sale 3081, lot 30355
Cuba H3081-30355r.jpg

This specimen was lot 30355 in Heritage sale 3081 (New York, January 2020), where it sold for $6,000. The catalog description[1] noted, "Cuba, Republic gold Proof Piefort "Jose Marti" 100 Pesos 1989 PR64 Ultra Cameo NGC. Rare, with only ten examples struck according to the Standard Catalog of World Coins. Exceedingly light handling establishes the grade, with no larger instances of contact present to deter the eye." The year 1989 saw the release of many self-congratulatory NCLT's by the regime along with such essentially Cuban topics as the fall of the Bastille and the first Spanish railway. Greeted by disinterest from the world at large, many are now rare.

Recorded mintage: 10 proofs.

Specification: 31.10 g, 0.999 fine gold, 1.000 troy oz AGW.

Catalog reference: KM-P28 (piefort), Fr-20.

Source:

  • Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 9th ed., Clifton, NJ: Coin and Currency Institute, 2017.
  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
  • [1]Bierrenbach, Cristiano, Warren Tucker and Sam Spiegel, Heritage World and Ancient Coins Auction 3081, featuring the Caranett Collection, Dallas, TX: Heritage Auction Galleries, 2019.

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