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Live auction - 503493 - 50 Francs BELGIAN CONGO 1949 P.16g

50 Francs BELGIAN CONGO  1949 P.16g VG
50 Francs BELGIAN CONGO  1949 P.16g VG50 Francs BELGIAN CONGO  1949 P.16g VG
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All winning bids are subject to a 18% buyer’s fee.
Estimate : 60 €
Price : 35 €
Maximum bid : 36 €
End of the sale : 20 February 2024 15:45:45
bidders : 3 bidders
Face Value : 50 Francs
Date: 1949
Period/Provinces/Banks Banque du Congo Belge
Catalogue reference : P.16g
Alphabet - series : K n°514116

Historical background


BELGIAN CONGO

Leopold II succeeded his father, Leopold I, to the Belgian throne in 1865. In 1876 Leopold II organized an international association for the development of Central Africa. Three years later, under his patronage, Stanley competed with the French explorer Brazza to acquire rights to the Congo region.. The occupation is mainly pushed towards the southern valley of the Nile. Leopold also wanted to establish a railway network along the Congo River and its tributaries, to create the sources of income essential to the self-financing of the company and the self-management of the conquered territory.. At the Berlin Conference of 1884-1885, representatives of 14 European countries and the United States recognized Leopold's sovereignty over the Congo Free State, which he exercised until 1908. Thanks to the resources of this colony, in particular the rubber crops, the king grew considerably richer and many buildings or monuments in Brussels were built.. Following an international campaign led by the British to denounce the brutal and inhuman treatment of the local populations by the colonials, the position of the king becomes untenable and he is forced in spite of himself to cede the sovereignty of the Congo to the Belgian nation.. The Belgian government renames the territory "Belgian Congo". He became independent in 1960.

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