This is the Type III coin, one of the three main types of 1897 Souvenir Peso.
Issued in 1897
This silver (.900) coin was issued in the United States to raise funds for the war against Spain. It shows Leonor Molina's profile on one side and the Cuban Coat of Arms on the other.
After the Republic was founded this coin was accepted as currency in recognition of the faith and economic sacrifice of those that bought it.