Lottery saving-bond fraction (centésima), Plan de Bonos del Instituto Nacional de Ahorro y Viviendas, Sorteo No. 137, Havana, 11 November 1961, Año de la Educación

Name/Title

Lottery saving-bond fraction (centésima), Plan de Bonos del Instituto Nacional de Ahorro y Viviendas, Sorteo No. 137, Havana, 11 November 1961, "Año de la Educación"

Entry/Object ID

2025.11.74

Description

A horizontal paper rectangle printed in violet-blue on cream stock. The front is one color with a dotted stipple ground and a black bond number. Unlike the 1960 ticket, it has no green security underprint. The back is printed in black. Front. At upper left, AÑO DE LA EDUCACION. Below it is a picture of modern apartment blocks: a tall slab of eight or more storeys with rows of balconies, lower blocks stepping back behind it, a paved foreground and a hatched sky. A panel beneath reads HABANA DEL ESTE. The picture is signed at lower right: J. BIBILONI. At top center: VALOR NOMINAL 22¢ and PRECIO AL PUBLICO 25¢, then REPUBLICA DE CUBA and INSTITUTO NACIONAL DE AHORRO Y VIVIENDAS. The bond number 13433 sits in a stippled panel, with UNO TRES CUATRO TRES TRES spelled out beneath it. Lower center: VEINTE Y CINCO and SORTEO Nº 137 / NOVIEMBRE 11, 1961. The panels at right read 25ᴬ, then a round emblem of a circle interlaced with a pointed oval, then VEINTE Y CINCO, then a stippled panel. ⚠️ This emblem is different from the device in the same position on the 1960 ticket. I have not identified either one. Back. Two columns. On the left, TABLA DE REINTEGROS PARA BONOS NO PREMIADOS, which is the full nine-year redemption schedule, and below it the centésima statement. On the right, the size of the draw, the prize list, the house-prize clause, and DIRECTOR GENERAL above a printed signature. A vertical panel reads SORTEO No. 137 / NOVIEMBRE 11 DE 1961. The bond number 13433 is punched through as a perforated cancellation and reads correctly from the front.

Context

What 1961 was. The ticket is labeled AÑO DE LA EDUCACION. 1961 was officially proclaimed the "Año de la Educación" in Cuba. It was the year of the National Literacy Campaign, which ended on 22 December 1961 with the declaration at the Plaza de la Revolución that Cuba was free of illiteracy. The campaign taught 707,212 people with about 308,000 volunteer teachers. This ticket was printed six weeks before that declaration. ⚠️ The campaign figures come from a single encyclopedia source. What the picture shows. In its first year the INAV built the Reparto Camilo Cienfuegos in Havana del Este: 1,360 homes with a shopping center, sports fields and parks. The 1960 ticket showed the INAV's single-storey houses at Wajay. This one shows the multi-storey blocks of Havana del Este. ⚠️ I think the picture shows the Camilo Cienfuegos development specifically, but that is my inference and I have not confirmed it. The panel names only the district. Comparing the picture with period photographs of the development would settle it. ⚠️ Changes in the INAC bonds did not all happen together. The cheaper printing had already arrived by November 1961, while the savings scheme and house prize were still in place. The savings scheme was dropped sometime between November 1961 and January 1968.

Acquisition

Accession

2025.11

Acquisition Method

Purchase

Made/Created

Bureau

INAV

Date made

11/11/1961

Time Period

1960s

Place of Origin

Country

Cuba

Region

Caribbean, Central America

Designer or Engraver

J. Biblioni

Banknote Details

Obverse

Transcription

AÑO DE LA EDUCACION (Year of Education); VALOR NOMINAL 22¢ (nominal value 22 cents); PRECIO AL PUBLICO 25¢ (price to the public 25 cents); REPUBLICA DE CUBA; INSTITUTO NACIONAL DE AHORRO Y VIVIENDAS (National Institute of Savings and Housing); 13433 / UNO TRES CUATRO TRES TRES; HABANA DEL ESTE (Havana del Este, the eastern district of Havana); 25ᴬ; VEINTE Y CINCO twice (twenty-five); SORTEO Nº 137 / NOVIEMBRE 11, 1961 (Draw No. 137, November 11, 1961); J. BIBILONI. Plus the hand-drawn stroke over the round emblem.

Reverse

Transcription

Back, left column: TABLA DE REINTEGROS PARA BONOS NO PREMIADOS (table of refunds for bonds that win no prize). The rates are identical to the 1960 ticket: Hasta el primer año 10% = $2.20 el entero (up to the first year, 10% = $2.20 on the whole bond), rising through 15%, 23%, 36%, 60%, 110%, 113.3%, 116.6% and 121% to noveno 125.4% = 27.59 (ninth year, 125.4% = $27.59). CENTESIMA parte del Bono de dicho número para el Sorteo No. 137, que se ha de celebrar en La Habana el día once de Noviembre de mil novecientos sesenta y uno. (One hundredth part of the Bond of this number for Draw No. 137, to be held in Havana on the eleventh of November, nineteen hundred and sixty-one.) The payment terms follow. Back, right column: Consta este Sorteo de 25,000 Bonos, divididos en centésimos a 22 centavos la fracción para el adquirente oficial. (This draw consists of 25,000 bonds, divided into hundredths at 22 cents a fraction for the official purchaser.) ⚠️ In this copy the "22" is partly lost to a crease. The figures that follow: 25,000 bonos a $22 cada uno … $550,000 (25,000 bonds at $22 each) 1 Premio de … $100,000 (one prize of $100,000) 1 Premio consistente en 10 casas por valor de $5,000 cada una … 50,000 (one prize of 10 houses worth $5,000 each) 1,000 Premios de $50 … 50,000 (1,000 prizes of $50) Prizes total 200,000; remainder $350,000 7% para gastos … 38,500 (7% for expenses) Para reintegros y viviendas … $311,500 (for refunds and housing) Then the house-prize clause, word for word as on the 1960 ticket, then DIRECTOR GENERAL above the printed signature, which I can't read.

Security Features

Notes

The 1968 ticket has no 7% expenses line at all.

Composition

Material

Paper

Material Notes

Uncoated paper. The front is printed in violet-blue and black, the back in black.

Condition

Overall Condition

Fair

Relationships

Related Person or Organization

Person or Organization

Pastorita

Person or Organization

INAV

Person or Organization

J. Biblioni

Related Places

Place

Country

Cuba

Region

Caribbean, Central America

Created By

María A. Cabrera Arús

Create Date

September 21, 2026

Updated By

María A. Cabrera Arús

Update Date

September 21, 2026