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E-auction 532-452089 - fwo_836572 - BOLIVIA - REPUBLIC 1 escudo en or 1854 Potosi

BOLIVIA - REPUBLIC 1 escudo en or 1854 Potosi AU
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NO BUYER'S FEE.
Estimate : 250 €
Price : 255 €
Maximum bid : 255 €
End of the sale : 26 June 2023 17:17:40
bidders : 9 bidders
Type : 1 escudo en or
Date: 1854
Mint name / Town : Potosi
Metal : gold
Millesimal fineness : 875 ‰
Diameter : 18 mm
Orientation dies : 6 h.
Weight : 3,40 g.
Edge : cannelée
Coments on the condition:
Trou rebouché à 12 heures au droit. Traces de nettoyage
Catalogue references :

Obverse


Obverse legend : M. Y BELZU PRESIDENTE CONSTITUCIONAL POTOSI 1854.
Obverse description : Tête du Président Belzu, tournée à gauche sur une nuée entre deux branches.
Obverse translation : (M. Y. Belzu Président Constitutionnel Potosi).

Reverse


Reverse legend : LA PATRIA AL. YLUSTRE DEFENSOR D SU INDEPENDENCIA.
Reverse description : Femme de face avec trois enfants posée sur un corne d’abondance couchée.
Reverse translation : (La Patrie à l’illustre défenseur de son indépendance).

Commentary


Monnaie commémorative.

Historical background


BOLIVIA - REPUBLIC

(since 1825)

Simon Bolivar (1783-1830) took part in the rebellion against Napoleonic Spain in April 1810. He seized Caracas on August 6, 1813, then Bogota in 1819. With General Sucre, his lieutenant, he liberated Ecuador , then Peru by the victory of Ayacucho on December 9, 1824. San Martin gives way to him, but Bolivar does not succeed in federating a South American republic at the Congress of Panama in 1826. He loses power in Colombia in 1830 and died in exile the same year. The independence movement in Bolivia had begun in 1808, but only became effective after the victory of Sucre at Ayacucho in 1824. Lower Peru took the name of Bolivia on August 11, 1825 after independence was proclaimed on August 6, 1825. The new capital was called Sucre (from La Paz) while Potosi, where the silver mines had been discovered in 1545, made the country rich. Bolivar gives a constitution to the country which has since been characterized by political instability.

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