A Cuban Coin Unknown To Cubans! - Coin Community Forum

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Author	Replies: 3 / Views: 1,402
Gronkikachi New Member Cuba 27 Posts	Posted 11/14/2015 01:29 am That's right. The KM# 730 "cinco pesos convertibles" coin, struck only in 1999 is virtually unknown to Cubans, in spite of the fact that it is officially in circulation since 2004. It shows the image of Ernesto Guevara aka "Che Guevara" on the reverse and the Cuban coat-of-arms on the obverse. The fact that this is the only bimetallic circulating coin ever issued in Cuba, and that it was not put into circulation in 1999 caused the price of this coin to skyrocket from its facial value of 5 USD to 60 USD (World Coins, 32nd Edition). The curious thing here is that, even after it was put into circulation in 2004, this coin is virtually non-existent, up to the point most Cubans have never seen it or heard about it! If you try to buy something with this coin in Cuba, they will probably think is a counterfeit coin. So, saying this coin is "into circulation" is nothing but a joke. Prices, therefore, have remained high at 30-40 USD... of you can find it. Report this Post to the Staff

vermontensium Moderator United States 16679 Posts	Posted 11/14/2015 04:33 am Wow. Crazy! swcoin.ecrater.com Report this Post to the Staff
CalzoneManiac Pillar of the Community United States 2233 Posts	Posted 11/14/2015 09:23 am Talk about a bizarre coin... Report this Post to the Staff
Ploopy Pillar of the Community United States 1788 Posts	Posted 11/14/2015 09:32 am Cool! Report this Post to the Staff
	Replies: 3 / Views: 1,402

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