Signature Set Detail: 7q BANCO NACIONAL DE CUBA ISSUED NOTES - MIL 1,000 PESOS - 1950

Set Category:

World

Owner:

EMO COLLECTION 

Set Theme:

BANCO NACIONAL DE CUBA

Set Description:

During 1949 the US Treasury yielded to the pressures that private printing banknote companies were excersing upon them to discontinue Government supplied printing of Cuban notes and to allow the private segment to compete for this work. Their argument was Cuba no longer needed the US Government assistance, as it did back in 1934, and that when the time came to engrave new plates to issue new notes, the US BEP should not be involved in this endeavour. The Cuban Government thus requested offers from three private printing houses, each prepared and submitted Essays and/or Printer's Specimens of the UN PESO note; American Banknote Company (ABNC) and Security Banknote Company (SBNC) from the USA, and Thomas DeLa Rue (TDLR) from England.
The winner was ABNC, who probably had the "inside track" since they had been printing Cuban Silver Certificates since 1944 along with the US BEP. While ABNC continued printing notes for Cuba until 1960, TDLR was able to gain a foothold contract in 1956 and also continued printing notes for Cuba until 1960.

Signature Set Details:

Slot Name	Slot Comment	Certification #	Note Info	Country	Grade	Photo
1944-50...P76/84 NL	ABNC Progress Proof VIGNETTE of TOMAS ESTRADA PALMA Proof SPECIAL V-84984	8004957-015	$1	United States	N/A
1950...P84s	ABNC SPECIMEN stamped SPECIMEN S/N 00000	2501393-052	Cuba Banco Nacional De Cuba ""SPECIME 1000 Pesos	Cuba	65 EPQ
1950...P84	ISSUED NOTE S/N A053185A	2501393-057	Cuba Banco Nacional De Cuba 1000 Pesos	Cuba	66 EPQ

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