PCGS - Cuban coinage is popular among U.S. and world coin collectors alike. The island nation of Cuba is less than 100 miles across the Florida Straits from Key West, which is the southernmost point of the state of Florida. At one time, writer Ernest Hemingway had homes in Cuba and Key West simultaneously. His home in Key West still stands as a museum and is home to "six-toed" or "polydactyl" cats. Some of the six-toed cats that currently occupy the grounds and residence originated from a kitten named Snow White. The kitten was given to Hemingway in the 1930s by a ship captain named Stanley Dexter.
Ernest Hemingway wrote one of his greatest novels, The Old Man and the Sea, in the Cuban city of Cayo Blanco, which is a gorgeous part of Cuba boasting crystal-clear aquamarine water lapping against powdery white beaches. It's the perfect setting for a day of fishing. I'm not a fisherman myself and have never read the famous 1952 Hemingway work that I mention here (shame on me), but I can relate to the sport of fishing somewhat. In the past, I've cast my hand into a double-row box full of coins, looking patiently, coin after coin. I'm enjoying my time looking through coins, hoping to angle one of the most fascinating Cuban coins around - the Cuban One Centavo.
1938 One Centavo, PCGS MS65, struck at the Philadelphia MintOne centavo coins struck from 1915 through 1946 have high points that are rounded and angled, while the fields are open and more prone to more hits. This essentially means they could be dinged more easily and display contact marks that will, in turn, result in a lower grade. The collector who is seeking Gem (MS65) or Gem+ (MS66 or higher) examples of these dates to complete their set may face several challenges in finding these coins in stellar grades. They key date in the series is 1938, which has the lowest mintage of any one centavo at 2,000,000 pieces. The median grade for this coin is MS63 and will cost a collector about a $100, while a Gem/MS65 may cost in the neighborhood a $1,000 - if one can be found.
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Posted 02/27/2022 10:59 am
