1091

CUBA, struck at the Gorham Mint, 1 peso, 1898, rare, NGC XF 45.

Currency:USD Category:Coins & Paper Money / World Coins By Country Start Price:1,200.00 USD Estimated At:1,500.00 - 2,250.00 USD
CUBA, struck at the Gorham Mint, 1 peso, 1898, rare, NGC XF 45.
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CUBA, struck at the Gorham Mint, 1 peso, 1898, rare, NGC XF 45. KM-A8. Deeply gray toned with minimal wear for the assigned grade (could be AU 50 on a better day) but no luster, minimal bagmarks. This key second year of mintage without SOUVENIR in the design was proposed just three weeks after the explosion and sinking of the USS Maine in Havana harbor. According to Emilio Ortiz in Money of the Caribbean (2006), on March 9, 1898, Gorham agreed "to make one thousand Cuban Coins in about four days from the receipt of the order."
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