Cuba 1990 50 pesos Fr-21

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Sedwick Treasure Auction 36, lot 1189
Sed36-1189r.jpg

This specimen was lot 1189 in Sedwick Auction 36 (Winter Park, FL, November 2024), where it sold for $6,000. The catalog description[1] noted, "CUBA, Havana mint, gold piefort 50 pesos, 1990, José Martí, NGC MS 69 (EMO Collection Label), "top pop." Virtually perfect frosted finish, currently tied with four others for finest in the NGC census, from a reported mintage of just 12 pieces. Pedigreed to The Emilio M. Ortiz Collection of Cuban Gold Coins." Martí, best known as the author of "Guantanamera", has been adopted as a hero of the Cuban revolution, tho it seems unlikely that he would have much sympathy with the Communists. The bust used here originally appeared on the Cuban gold issues of 1915-16, minted in Philadelphia. This design was also used in 1988 and 1989. Other fifty pesos for 1990 included KM 281, KM 294, KM 295, KM 296, KM 297, KM 298, KM 299, KM 300, KM 301, KM 321, KM 322 and KM 323 plus pieforts.

Recorded mintage: 15 plus 12 proofs plus an unknown number of pieforts, perhaps 12.

Specification: 15.55 g, 0.999 fine gold, 0.500 troy oz AGW; piefort: 1 troy oz AGW.

Catalog reference: KM 214; Fr-21; piefort: KM-P47.

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]Sedwick, Daniel Frank, Augi Garcia, Cori Sedwick Downing, Connor Falk and Sarah Sproles, Treasure Auction 36, World, U.S Coins and Paper Money, featuring the Luis R. Ponte collection, the Jorge Becerra Collection and the John M. O'Brien collection, Winter Park, FL: Daniel Frank Sedwick LLC, 2024.

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