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1936 Cuba ABC Type Peso NGC MS62
$1,299.99
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Looks better than ms62.
2nd rarest Type of the ABC series
The Cuban "ABC Peso" is a specific silver coin from the 1930s, a type of Cuban Peso, not a modern currency
.
It was named after the A.B.C.
clandestine organization
that played a role in overthrowing Cuban dictator Gerardo Machado
in 1933, and it is now considered a valuable numismatic item.
The 1934 coin is particularly well-known, though coins were minted from 1934-1939.
Historical context
- The coin was introduced during a period of political change in Cuba following the overthrow of Gerardo Machado.
- It was named the "ABC Peso" after the underground A.B.C.
organization that was instrumental in the uprising against Machado.
- The 1934 version, cataloged as KM# 22, is a well-known example of this silver coin.
- Some rumored stories claim the 1934 coin's design was influenced by communist symbols, though the artist was not a communist.
Physical characteristics
- Composition: .900 silver.
- Weight: 26.73g.
- Diameter: 38mm.
- Mintage:
Millions were minted, but few survived due to later events like being melted for their silver content or an accident during transport.
Modern status
- Most were melted down, with only a fraction of the original mintage surviving today, which is why they are rare and valuable.
- The surviving coins are sought after by collectors and can be worth hundreds of dollars depending on their condition.
- The CUP (Cuban Peso) is the current currency, and the dual currency system of CUP and CUC (Cuban Convertible Peso) was eliminated in 2021.
- Obverse
- Cuban coat of arms, face value to left, country name below coat, fineness and weight on top.
Script: Latin
Lettering:
900 M
26.7295 G
UN PESO
REPUBLICA
DE CUBA
Translation:
900 M
26.7295
One Peso
Republic
of Cuba
Engraver: Jaime Valls Diaz
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
Minted in Philadelphia mint.
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1936 Cuba ABC Type Peso NGC MS62
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