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Republica De Cuba - 1,000 Pesos - 1950 dated Bond (Uncanceled) - Many Coupons Attached

Inv# FB6383   Bond
Country: Cuba
State(s): Florida
Years: 1950

1,000 Pesos 4% Uncanceled Bond with many coupons attached. Printed by Columbian Bank Note Company. The Republic of Cuba encompasses the period from 1902 to 1959 after Cuba's independence from the Spanish Empire and end of its first U.S. military occupation in 1902. This era included various changing governments and US military occupations, and ended with the success of the Cuban Revolution in 1959. During this period, the United States exerted great influence on Cuban politics, notably through the Platt Amendment.

The governments of Cuba between independence from Spain and the Revolution have been regarded as client states of the United States. From 1902 to 1932 Cuban and United States law included the Platt Amendment, which guaranteed the US right to intervene in Cuba and placed restrictions on Cuban foreign relations. In 1934, Cuba and the United States signed the Treaty of Relations in which Cuba was obligated to give preferential treatment of its economy to the United States, in exchange the United States gave Cuba a guaranteed 22 percent share of the US sugar market that later was amended to a 49 percent share in 1949.

In the modern Republic of Cuba, the 1902 to 1959 period is known as the Neocolonial Republic (Spanish: República Neocolonial), while Cuban exiles refer to it as Free Cuba (Spanish: Cuba Libre).

After the Spanish–American War, Spain and the United States signed the 1898 Treaty of Paris, by which Spain ceded Puerto Rico, the Philippines, and Guam to the United States for the sum of $20 million (equivalent to $620 million in 2020). Cuba gained formal independence from the U.S. on 20 May 1902, as the Republic of Cuba. Under Cuba's new constitution, the U.S. retained the right to intervene in Cuban affairs and to supervise its finances and foreign relations. Under the Platt Amendment, the U.S. leased the Guantánamo Bay naval base from Cuba. Read more at https://en.wikipedia.org/wiki/Cuba

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Condition: Excellent

A bond is a document of title for a loan. Bonds are issued, not only by businesses, but also by national, state or city governments, or other public bodies, or sometimes by individuals. Bonds are a loan to the company or other body. They are normally repayable within a stated period of time. Bonds earn interest at a fixed rate, which must usually be paid by the undertaking regardless of its financial results. A bondholder is a creditor of the undertaking.

Item ordered may not be exact piece shown. All original and authentic.
Price: $499.00