Cuba 1989 50 centavos

from Stephen Album sale 41, lot 1732

This specimen was lot 1732 in Stephen Album sale 41 (Santa Rosa, CA, September 2021), where it sold for $240. The catalog description^[1] noted, "CUBA: Republic, 50 centavos, 1989, Visitor's Coinage, a lovely example! NGC graded MS66." This one year type superseded a very similar fifty centavos (KM 420) struck in 1981. The regime, wishing to obtain foreign exchange (i.e., dollars), encouraged tourism and remittances from Cuban expatriates by establishing a convertible peso pegged to the dollar. This series, called "visitor's coinage", was struck 1981-89; the convertible series began in 1994 and is still in use.

Recorded mintage: unknown.

Specification: copper-nickel.

Catalog reference: KM-461.

Source:

• Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
• ^[1]Album, Stephen, Joseph Lang, Paul Montz, Michael Barry and Norman Douglas Nicol, Auction 41, featuring the Dick Nanta Collection of Giray Khans, Part II, the Charles Opitz Collection of Ethnographic Money, Part II, and the Allan F. Pacela Collection of Chinese Coins. Santa Rosa, CA: Stephen Album Rare Coins, Inc., 2021.

Link to:

• 1989 "national" peso (non-convertible)
• 1989 10 pesos, French Revolution bicentennial
• 1989 10 pesos, fall of the Bastille
• 1989 10 pesos, discovery of America
• 1989 10 pesos, José Martí, 1/10 oz gold
• 1989 15 pesos, José Martí, ⅛ oz gold
• 1989 20 pesos, triumph of the revolution
• 1989 20 pesos, Che Guevara
• 1989 20 pesos, march to victory
• 1989 25 pesos, José Martí, ¼ oz gold
• 1989 50 pesos, José Martí, ½ oz gold
• 1989 50 pesos, 160th anniversary of the railway from Liverpool to Manchester
• 1989 50 pesos, 150th anniversary of the first Cuban railway
• 1989 50 pesos, 140th anniversary of the first Spanish railway
• 1989 50 pesos, Tania la Guerrillera
• 1989 50 pesos, Camilo Cienfuegos
• 1989 50 pesos, 35th anniversary of the assault on the Moncada Garrison
• 1989 100 pesos, José Martí
• 1989 100 pesos, 200th anniversary of French liberty
• 1989 100 pesos, 200th anniversary of the storming of the Bastille
• 1989 100 pesos, 160th anniversary of the railway from Liverpool to Manchester
• 1989 100 pesos, 150th anniversary of the first Cuban railway
• 1989 100 pesos, 140th anniversary of the first Spanish railway
• 1989 100 pesos, Tania La Guerrillera
• 1989 100 pesos, Camilo Cienfuegos
• 1989 100 pesos, 35th anniversary of the assault on the Moncada Garrison
• 1989 100 pesos, 30th anniversary of the revolution
• 1989 100 pesos, 30th anniversary of the revolution, Marti and Castro
• 1989 100 pesos, 30th anniversary of the revolution, Castro
• 1994 "convertible" peso
• Coins and currency dated 1989