20 Pesos

Features

Issuer	Cuba
Issuing bank	National Bank of Cuba
Period	First Republic (1902-1906, 1909-1959)
Type	Standard circulation banknotes
Years	1949-1960
Value	20 Pesos (20 CUP)
Currency	Cuban Peso (moneda nacional, 1914-date)
Composition	Paper
Size	156 × 67 mm
Shape	Rectangular
Demonetized	4 August 1961
Number	N# 219705
References	P# 80 Standard Catalog of World Paper Money (10 volumes).

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Obverse

Portrait of Antonio Maceo in oval frame, at center.
Color: black and olive green.
Serial: red (1949 & 1958); black (1960).
on left, red seal of the National Bank of Cuba.

Script: Latin

Lettering:
20 PESOS 20 PESOS
BANCO NACIONAL DE CUBA
VEINTE
20 PESOS
ANTONIO MACEO
GARANTIZADO INTEGRAMENTE CON EL ORO, CAMBIO EXTRANJERO
CONVERTIBLE EN ORO Y TODOS LOS DEMÁS ACTIVOS DEL BANCO NACIONAL DE CUBA.
ESTE BILLETE CONSTITUYE UNA OBLIGACIÓN DEL ESTADO CUBANO.

Translation:
20 Pesos 20 Pesos
National Bank of Cuba
Twenty
20 Pesos
Antonio Maceo
Fully Guaranteed with the gold, foreign exchange.
Convertible into gold and all the other assets of the National Bank of Cuba
This note constitutes an obligation of the Cuban State.

Reverse

Coat of arms at center, in oval frame. Denomination on left and right. Country name on top.

Script: Latin

Lettering:
REPUBLICA DE CUBA
VEINTE VEINTE
PESOS PESOS
ESTE BILLETE TIENE CURSO LEGAL Y FUERZA LIBERATORIA ILIMITADA, DE ACUERDO CON LA LEY, PARA EL PAGO DE TODA OBLIGACION CONTRAIDA O ACUMPLIR EN EL TERRITORIO NACIONAL.

Translation:
Republic of Cuba
Twenty Twenty
Pesos Pesos
This note is legal tender and has unlimited liberatory force, in accordance with the law,
for payment of all obligations, contracted or to be fulfilled, on the whole national territory

Signatures

Felipe Pazos Roque (FPR)	President of National Bank of Cuba
Antonio Prío Socarrás (APS)	Minister of Finance
Joaquín Martínez Sáenz (JMS)	President of National Bank of Cuba
Alejandro Herrera Arango (AHA)	Minister of Finance
Ernesto "Che" Guevara (E"G)	President of National Bank of Cuba
Rolando Díaz Astaraín (RDA)	Minister of Finance

Printer

American Banknote Corporation (American Bank Note Company), United States (1795-date)

Comments

Antonio Maceo, "The Bronze Titan" (nickname given for being wounded over 20 times in battle) was born at Santiago de Cuba. Was a Cuban general reached second-in-command of Cuban Independence Army, that fought for several years.

He adopted the fight style of Máximo Gómez, using "machete" as sword, mainly owing to lack of fire weapons an ammunition on the time.

Is mostly known for the "Protesta de Baraguá" (Baraguá Protest), when he did not accept the terms of the Zanjón Pact, that ended the Ten Years War, as he understood the targets of the Revolution were not included: abolition of slavery and independence of Cuba.

His attitude is reflected in this quote: "That (country) which attempts to seize Cuba, will gather the dust of its ground soaked in blood, if he does not perish in fight."

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Date	Signatures	F	VF	XF	AU	UNC		Frequency
Undetermined
1949	FPR, APS	$ 2.30	$ 3.40	$ 3.50			P# 80a - Red serial#	41%
1949							P# 80s1 - Specimen, overprint: MUESTRA	0%
1958	JMS, AHA	$ 2.50	$ 3.50	$ 5.90	$ 6.60	$ 9.10	P# 80b - Red serial #	45%
1958							P# 80s2 - Specimen, overprint: MUESTRA	0.20%
1960	E"G, RDA		$ 5.70	$ 5.80	$ 11	$ 11	P# 80c - Black serial#	33%
1960							P# 80s3 - Specimen, overprint: MUESTRA	0.20%

Values in the table above are expressed in USD. They are based on evaluations by Numista users and sales realized on Internet platforms. They serve as an indication only; they are not intended to be relied upon for buying, selling or exchanging. Numista does not buy or sell coins or banknotes.

Frequencies show the percentage of Numista users who own each year or variety among all the users who own this banknote. Since some users own several versions, the sum may be greater than 100%.

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Members from this site want to exchange it: Alejandro Morejon Astiasaran, freeze_coins, OttersAreTheBest, Daniel67, squash70, gma, NowWhyHow, erniemix, akadotour, ts989, GianOlaiz, kezzerdrix, ceh2019, alexcollecting, RAAAL, Octaproma, Ayham, Insertcoincoin, CanBird81, Dieter83, chitin, vladelinul, antoinetinawi, gemosam21, scrabblist, jamtnez

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This index is based on the data of Numista members collections. It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members.

Examples of the type

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Past sales

Pictures	Sale	Date	Version	Grade	Sold price
	Katz Auction 148 Lot 3460	11 Jan 2025	Undetermined	UNC	Unsold
© Katz Coins Notes & Supplies Corp.
	Katz Auction 147 Lot 2550	17 Dec 2024	Undetermined	UNC	Unsold
© Katz Coins Notes & Supplies Corp.
	Katz Auction 140 Lot 2262	22 Oct 2024	Undetermined	UNC	Unsold
© Katz Coins Notes & Supplies Corp.
	Katz Auction 137 Lot 3901	11 Sep 2024	Undetermined	UNC	USD 17.30 (EUR 15.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Katz Auction 137 Lot 3900	11 Sep 2024	Undetermined	UNC	Unsold
© Katz Coins Notes & Supplies Corp.
	Katz Auction 132 Lot 3512	17 Jul 2024	Undetermined	UNC	USD 9.23 (EUR 8.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Katz Auction 130 Lot 2425	24 Jun 2024	Undetermined	UNC	USD 17.30 (EUR 15.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Katz Auction 127 Lot 2448	1 Jun 2024	Undetermined	UNC	USD 11.54 (EUR 10.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Katz Auction 118 Lot 2286	23 Mar 2024	Undetermined	UNC	USD 11.54 (EUR 10.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Katz Auction 113 Lot 2748	17 Feb 2024	Undetermined	UNC	USD 8.08 (EUR 7.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.