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Live auction - fwo_351478 - BOLIVIA - REPUBLIC 1 Sol Simon Bolivar 1857 Potosi

BOLIVIA - REPUBLIC 1 Sol Simon Bolivar 1857 Potosi AU
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All winning bids are subject to a 18% buyer’s fee.
Estimate : 80 €
Price : 40 €
Maximum bid : 56 €
End of the sale : 26 July 2016 15:22:00
bidders : 1 bidder
Type : 1 Sol Simon Bolivar
Date: 1857
Mint name / Town : Potosi
Metal : silver
Diameter : 20 mm
Orientation dies : 6 h.
Weight : 2,74 g.
Edge : cannelée
Coments on the condition:
La monnaie est très agréable et recouverte d’une belle patine de médaillier
Catalogue references :
KM.19/118.1  - WELT.49

Obverse

Obverse legend : LIBRE POR LA - CONSTITUCION.
Obverse description : Tête laurée de Bolivar à gauche, inscrite BOLIVAR sur la tranche du cou.
Obverse translation : (Libre pour la Constitution).

Reverse

Reverse legend : REPUBLICA BOLIVIANA/ F. 1S. 1857. F. J..
Reverse description : Deux lamas couchés à gauche devant un arbre, surmonté de neuf étoiles.
Reverse translation : (République Bolivienne).

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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