![]() Cuba hase produced a huge variety of commemorative coins from 1977, based on themes such as sports, Cuban history, monuments, flora & fauna, FAO, Hispanic-American themes, etc. More noticeable differences are found on commemorative circulating issues. Cuba has maintained the design of circulating coins, with minor changes, and introduced 2 bimetallic coins of 5 CUC in 2004 (dated 1999), and 5 CUP in 2016. Today Cuba strikes all its circulating coins and most of the commemorative issues through its own minthouse, that started production on 1977. From a few years ago, government is considering to return to use only 1 currency. CUC is commonly paired to USD value, and CUP is about 1/25 CUC. From 1994, Cuba has double currency, the original Peso Cubano (CUP) from 1915, that never changed (copper-nickel coins still are legal tender), and the Peso Convertible (CUC) originally intended to be used by visitors and Cubans living overseas. ![]() These were engraved by the famous Edward Barber, from the US, and the obverse is still used on actual coins. ![]() First coinage from Cuba as independent country started with 19 series, including copper-nickel, silver and gold coins. The following year same type of coins were minted displaying a "1 Peso" face value. Minted in the US, "1 Peso" was replaced with "Souvenir" word. First Cuban coin is considered to be the "Peso Souvenir", minted to finance the freedom campaign on 1897. ![]() On 1741, during the siege to Santiago de Cuba, copper coins were minted - the first in Americas. To avoid this, in 1841, many were countermarked to "clean" the circulating coinage. Those coins had a real value lower then the colonial minted ones, but they were exchanged at same value of colonial coins. These were not enough, and many Spanish coins were used, mainly from Seville mint, so they were called "Sevillanas". During colonial times, Cuba did not have an own minthouse, and received scarce sending of coins from Mexico mint, known as "Situados". During colonies time, it was a very valuable point of contact to Europe, hence the nickname of "Key of the Caribs", illustrated on their coat of arms showing a key between 2 peninsulas, and by the Cuban minthouse mark being a key. By using the NGC Guides, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the Guides.Cuba is the biggest island of the Antilles, at Caribs sea, placed in a privileged position between Miami and Yucatan peninsulas. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Guides. These prices are not intended, and should not be relied upon, to replace the due diligence and - when appropriate - expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. For all of these reasons, the prices in these guides are designed to serve merely as one of many measures and factors that coin buyers and sellers can use in determining coin values. This is especially true for rare coins, where there are fewer sales and greater variations in sale prices. Discover more about the amazing value gold bullion can bring to your portfolio and learn how to buy gold coins today. Further, because these prices are only updated from time to time, they do not reflect short term pricing trends, which are quite common and are often quite dramatic, given the volatile nature of the collectible coin marketplace. Prices provided are averages, not specific prices for individual coins. Disclaimer: The prices listed in the various NGC Price and Value Guides are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable.
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