Greetings, finance folks! Today, I'm excited to write for the first time on LeoFinance about a topic I promised to address a few weeks ago: coins. As a Cuban, the coins I'm about to show you hold strong historical significance for me. So, without further ado, let me introduce you to a silver coin from the Republic of Cuba, dated 1952. Why is it so important to Cubans?
On the obverse side of this coin, we can see an iconic representation of Cuba. In the center, the Cuban flag stands out. It's a symbol of Cuban identity and the struggle for independence. To the right of the flag, you'll find the fortress of Santiago de Cuba, a historical stronghold that has witnessed numerous crucial events in the island's history.
Now, let's move to the reverse side of the coin, where we find an image deeply resonating with Cuban history: "La Demajagua." This is the place where the Cuban War of Independence against Spanish colonial rule began on October 10, 1868. This date marked the start of a brave and tenacious fight for Cuba's independence, which was finally achieved in 1902.
The image on the coin represents the remains of Carlos Manuel de Céspedes' sugar plantation, who was a key figure in starting the war for independence. He was the one who proclaimed freedom for his slaves and called for insurrection against Spanish rule from La Demajagua. This coin commemorates not only that courageous act but also the fifty years of freedom and progress that followed independence. The motto "Fifty Years of Freedom and Progress" engraved on the coin is a reminder of the decades of struggle and sacrifice that led to an independent Cuba.
It's important to note that while the monetary value of this coin may not be significant in economic terms, its historical and symbolic value to us is immeasurable. It has a direct connection to freedom and Cuban identity.
This 1952 coin represents a time when Cuba was filled with hope and optimism for its future as a free and sovereign nation, despite the challenges and obstacles along the way.
Today, this coin serves as a tangible reminder of Cuba's history and the ongoing struggle for freedom and self-determination. It's a source of pride for all Cubans and a testament to our ability to overcome adversity and forge our own destiny.
In my coin collection, this piece holds a special place, not just because of its historical value but also for what it represents to me as a Cuban. It went out of circulation in 1962 due to a significant historical event that marked a radical change in Cuba's history. As a result of the Cuban Revolution and the political shift, the communist government of Cuba decided to replace the coins and banknotes issued before 1959 with a new currency that reflected the ideology and economic system of the new regime.
I hope you've enjoyed this brief journey through the history and significance of this Cuban coin. For me, sharing this story and this piece with you is an honor, and I hope it has given you a deeper insight into what it means to us. Thank you.
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Original Spanish text: Translated and formatted with Hive Translator by @noakmilo.
Twitter @bluisdey