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Cuba 2, 4, 5, 10, and 20 Pesos  1915 and 1916
Cuba 2, 4, 5, 10, and 20 Pesos 1915 and 1916

In 1915 and 1916 Cuba issued several nice-looking gold coins in five denominations: 2, 4, 5, 10, and 20 pesos. These coins gain their value from the gold then contain.

To figure the melt value of these Cuban gold coins, multiply the current price of gold found at web sites such as kitco.com by the troy ounce weight of gold in each coin. Today, at the time of this writing, the price of gold is about $1200 US dollars per troy ounce, but tomorrow it will be different. Look it up.

Here are the troy ounce weights of gold in each denomination:

2 PESOS: 0.0967 troy ounces gold
4 PESOS: 0.1935
5 PESOS: 0.2419
10 PESOS: 0.4837
20 PESOS: 0.9675

If your particular coin is worn, has scratches, stains, cleanings, and similar damage the melt value is what the coin is worth. For instance, a worn 10 pesos today would be worth 0.4837 x 1200 = $580, plus or minus dealer fees and other minor amounts.

If you have a fully uncirculated example, there is a collector premium that is added to the melt value:

2 PESOS uncirculated: add $250 (approximately)
4 PESOS uncirculated: add $900
5 PESOS uncirculated: add $175
10 PESOS uncirculated: add $300
20 PESOS uncirculated: add $700

Coin: 9317 , Genre: Colonizers and Colonies
Requested by: Ana, Fri, 28-Oct-2011 18:42:28 GMT
Answered by: Paul, Fri, 06-Dec-2013 18:48:53 GMT
Last review by CoinQuest: Sat, 05-Dec-2015 19:47:27 GMT
Requester description: 1915 Republic de Cuba Patria y Libertad 8.359g 900m Jose Marti and Cuban Shield
Tags: cuba 2 4 5 10 20 pesos peso preso republic patria patrie libertad liberty 8 900 jose joseph marti cuban shield repub repbulique republik republ republican republicas republicia reipvblicae republiove republiek repvbliqve republica republique repvbblica republika rebublique repvblica republicans repvblique patrye patri liberate liberte libertas libertao liberta libertate liberdad libertatis josefa jozsef josef joe ios ioseph arms sheild coats shiled crests chevrons shild escucheon insignia arm coat crested crest chevron creast shields escutcheon wreath wreathed rief reif reef wreathe wreat garland wreth wreah wreaths leaves leaf greenery leafs boughs liafy bush leave leaved bough leafe leafed leafy leavs foliage

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Mon, 29-May-2017 09:37:24 GMT, unknown: 17981936