![]() Although silver versions of this coin can be found for under $200 depending on the condition, the gold versions are much rarer and much more valuable. Because these coins are over 100 years old, it is difficult to find them in top condition. Available in both gold and silver, there are 1915 pesos in the existence of multiple different face values. If you were to have one of these Cuban Peso coins in mint condition, it could be worth almost $2,000 dollars.ġ915 was an important year for Cuban numismatics because it was the year that Cuban started minting coins. And this is due to the fact that after the Republic was founded, this coin was accepted in recognition of the faith and economic sacrifices of those that bought it. However, this coin is not treated as a souvenir coin or medallion. The coin has the same face of Leonor Molin and Cuban Coat of Arms pressed into it. Identical to the 1897 Cuban coin, the 1898 version was also created to raise funds for the continuing war against Spain. This 1-of-a-kind coin holds a rich history that correlates with the first successful Cuban Revolution, which is why it belongs in the category of Cuban silver coins of high value. It’s not determined whose initials those were but they are unique as they are not seen on other Cuban coins. If you were to look closely at these coins, the initials MJP are engraved on the portrait of Leonor Molina. And this isn’t only because there are under 10,000 of these coins in existence. These certain Cuban American rare coins are particularly recognized for their high value. This silver coin is a must have for any Cuban numismatic. The coin has a bust of Lady Liberty modeled by Leonor Molina on one side and the Cuban Coat of Arms on the other side. Under 10,000 of this coins were created and today they can be worth hundreds of dollars in the right condition. When Cuba gained its independence and the republic was founded, this coin was accepted as currency because of what it represented. The small country struggled to fund the war efforts, so they issued souvenir coins to the United States as an effort to raise funds. In 1897, Cuba was fighting a war against Spain for its freedom. However, if you ever happen to be in possession of the following coins, you may find yourself amongst the luckiest people in the world. There are quite a few Cuban gold coins, Cuban Peso coins, and Cuban silver coins that hold much value. The Convertible Peso is issued in 1, 5, 10, 25, 50 Centavos and 1 Peso. The latter currency is equivalent to the national one, but its worth is 24-25/1. But if you happen to be visiting, then you may be relying on the Convertible Peso instead. The most commonly used one in circulation by the Cuban population is the National Peso. Now in the modern age, coins of 1, 2, 5, and 20 centavos and 1 and 3 pesos are issued for circulation.Īs of today, Cuba has two official currencies. In 1934, silver pesos were introduced and the last in silver circulation issues had been struck in 1953. During this time, coins of cupro-nickel 1, 2, and 5 centavos were issued along with silver 10,20, and 40 centavos were issued. But, it wasn’t until 1915 that Cuban coins were first struck. The peso was pegged to the US Dollar at Par back in 1881. They were based around the 8 Reale piece, also known as the Spanish Dollar until 1857 when the production of pesos that were specific to Cuba was finally introduced. When they were first in production, the first Cuban coins were actually those under the Spanish Empire. Let’s dive deeper into the history of some rare Cuban gold coins and silver coins. The Cuban peso is the older and more collectible currency, but the Cuban Convertible Pesos are also used. Interestingly enough, Cuba is one of the few nations that has 2 different currencies circulating. The limited access, the rest of the world has had to this nation, makes some of its older currency extremely rare. Cuba is a country with a fascinating history that can be remembered through Cuban gold coins for sale at William Youngman Inc. ![]()
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