$25 million in #Gold #Denmark Sold the #VirginIslands (once known as #Danish West Indies or Danish Virgin Islands)to the United States in 1917 The sale of the Virgin Islands from Denmark to the United States in 1917 was a significant geopolitical transaction that reshaped the #Caribbean landscape. The islands, which included St. Thomas, St. John, and St. Croix, were sold for $25 million in #goldcoin. This sale was influenced by strategic concerns during World War I, as Denmark feared German influence in the region. The transfer of sovereignty was formalized on March 31, 1917, and the islands were renamed the U.S. Virgin Islands. The sale was a response to the islands' declining economic viability and limited strategic value to Denmark, while the United States valued them as a strategic asset against potential threats. https://www.moneycontrol.com/world/us-bought-the-danish-virgin-islands-in-1917-for-25m-does-that-mean-greenland-is-for-sale-article-13783520.html