Treaty of the Danish West Indies

The Treaty of the Danish West Indies, officially the Convention between the United States and Denmark for cession of the Danish West Indies, was a 1916 treaty transferring sovereignty of the Danish West Indies from Denmark to the United States, which were renamed as the United States Virgin Islands, in exchange for a sum of US$25,000,000 in gold (US$ 543,650,000 in 2017). $25,000,000 in gold coin in 1917 is equal to US$ 1,385,283,300 as of October 20, 2016.

Treaty of the Danish West Indies

The Treaty of the Danish West Indies, officially the Convention between the United States and Denmark for cession of the Danish West Indies, was a 1916 treaty transferring sovereignty of the Danish West Indies from Denmark to the United States, which were renamed as the United States Virgin Islands, in exchange for a sum of US$25,000,000 in gold (US$ 543,650,000 in 2017). $25,000,000 in gold coin in 1917 is equal to US$ 1,385,283,300 as of October 20, 2016.