174

GUEVARA, ERNESTO "CHE"

Currency:USD Category:Collectibles Start Price:1,000.00 USD Estimated At:2,000.00 - 3,000.00 USD
GUEVARA, ERNESTO  CHE
<b>174. ERNESTO "CHE" GUEVARA</b> (1928 - 1967) Argentine Marxist revolutionary and guerrilla leader, allied with Fidel and Raul Castro in their successful revolutionary activities, headed Cuba's finances, led revolutionary activities in the Congo and in Bolivia where he was captured and executed. Exceedingly rare D.S. "<i>Che</i>" as President of the National Bank of Cuba, 1p. folio, Havana, Jan. 22, 1960, a $400,000 Provisional Certificate registering the terms and conditions of the "<i>Issuance of `Bonds of the National Institute of Savings and Housing, 1959-1979'</i>". These bonds promised to pay an interest rate of 4 1/2% per annum until 1979, and were undoubtedly used to help finance Castro's new Socialist housing plans for the Cuban population. With Che at the national bank's helm, the country's economy was nearly ruined in his zeal to rapidly turn the economy into a Marxist showpiece. A few minor soiled spots and one vertical crease with the usual cancellation punches, otherwise very good. An exceptionally rare document.<b>$2,000-3,000</b>