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the Philadelphia Mint. These were produced in the United States in 1915 and 1915.

So why was the US. Mint striking Cuban coins? In a nutshell we were buying sugar from Cuba and they wanted to be paid in gold. Sugar became a mainstay of Cuba’s economy during the First World War, as the sugar beet growing fields of France and Belgium were turned into battlefields.

While the War was going on, the world’s demand for sugar grew and Cuba filled that demand. Between 1913 and 1920 the worlds supply of sugar fell more than 20% and the Cuban Sugar Industry surged. The United States and other investors rushed in to develop sugar mills and to expand fields for the cultivation of sugar cane. By 1914 new sugar mills were being built in Cuba and that number kept growing throughout 1915 and 1916, which by then sugar production jumped to over 3 million tons.

By this time the Sugar Cane Corporation was formed in New York and purchased the existing sugar mills. Others followed suit and invested heavily in Cuban Sugar production. One of those was American Chocolate Baron Milton Hershey. He established the Hershey Electric Railway, which ran from Havana and stretched 92 kilometers away to Matanzas to the east, which was created to move sugar necessary for Hershey’s chocolate.

Cuban 10 Peso Gold gold coin

1 450,00$ Prix original
1 424,52$Prix promotionnel
Quantité
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