Please ensure Javascript is enabled for purposes of website accessibility

Lot #293
Che Guevara

Rare Cuban bank document by the famed revolutionary

This lot has closed

Estimate: $2000+
Sell a Similar Item?
Refer Collections and Get Paid
Share:  

Description

Rare Cuban bank document by the famed revolutionary

DS, in Spanish, signed “Che,” one page, 14 x 11, February 7, 1961. A provisional certificate for a $6,000,000.00 bank bond from the Cuban National Bank, registering the terms and conditions of the “Issuance of Bonds for Partial Consolidation of Public Debt, 4%, 1961-1980.” Signed at the conclusion by Guevara as president of the bank. In fine condition, with staple holes to the upper left corner. The bonds, which paid 4% interest, were to mature after nineteen years in 1980. Due to the rapid nationalization of industry in Cuba as well as Guevara's mismanagement of the national bank, these bonds quickly lost value in the market, complicating the country's efforts to refinance its sovereign debt. A trade embargo imposed by the United States further complicated matters, forcing Cuba to become financially dependent on the Soviet Union for support.

Auction Info

  • Auction Title: Fine Autographs and Artifacts
  • Dates: #525 - Ended April 11, 2018





This item is Pre-Certified by PSA/DNA
Buy a third-party letter of authenticity for $150.00

*This item has been pre-certified by a trusted third-party authentication service, and by placing a bid on this item, you agree to accept the opinion of this authentication service. If you wish to have an opinion rendered by a different authenticator of your choosing, you must do so prior to your placing of any bid. RR Auction is not responsible for differing opinions submitted 30 days after the date of the sale.