E-auction 214-140154 - fwo_355536 - BELGIUM - CONGO FREE STATE 1 Franc Léopold II 1896

BELGIUM - CONGO FREE STATE 1 Franc Léopold II 1896 XF

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Estimate :	120 €
Price :	91 €
Maximum bid :	100 €
End of the sale :	22 May 2017 16:32:00
bidders :	7 bidders

Type : 1 Franc Léopold II

Date: 1896

Quantity minted : 160000

Metal : silver

Millesimal fineness : 900 ‰

Diameter : 23,41 mm

Orientation dies : 6 h.

Weight : 4,99 g.

Edge : cannelée

Rarity : R1

Coments on the condition:

Cet exemplaire est recouvert d’une épaisse patine sombre

Catalogue references :

KM.19/6 - M&E9

Obverse

Obverse legend : LEOP. II R. D. BELG. SOUV. DE L’ETAT INDEP. DU CONGO.

Obverse description : Tête de Léopold II à gauche ; en-dessous signature L. WIENER.

Reverse

Reverse legend : 1/ FRANC// 1896.

Reverse description : Armes de Léopold II entre deux palmes ; valeur faciale au-dessus et millésime en-dessous.

Commentary

Le décret du 27 juillet 1887 porte la création de la "monnaie franc" pour l'Etat Indépendant du Congo. Des pièces en argent (5, 2, 1 franc et 50 centimes) à l'effigie du Roi des Belges et des pièces en cuivre perforées au centre (10, 5, 2 et 1 centime) alimentent le marché congolais.

Historical background

BELGIUM - CONGO FREE STATE

(1885-1908)

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".