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Live auction - fwo_644464 - BOLIVIA - REPUBLIC 8 Soles Simon Bolivar 1848 Potosi

BOLIVIA - REPUBLIC 8 Soles Simon Bolivar 1848 Potosi AU
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All winning bids are subject to a 18% buyer’s fee.
Estimate : 300 €
Price : 260 €
Maximum bid : 260 €
End of the sale : 09 March 2021 19:51:10
bidders : 5 bidders
Type : 8 Soles Simon Bolivar
Date: 1848
Mint name / Town : Potosi
Metal : silver
Millesimal fineness : 900 ‰
Diameter : 38,5 mm
Orientation dies : 6 h.
Weight : 26,96 g.
Edge : striée inscrite en creux AYACUCHO SUCRE 1824
Coments on the condition:
Agréable exemplaire très bien centré sur un flan régulier. Belle patine grise aux reflets brillants
Catalogue references :
KM.19/109
Predigree :
Exemplaire de la collection Charlet

Obverse

Obverse legend : REPUBLICA BOLIVIANA - F. 1848 . M..
Obverse description : Deux lamas couchés à gauche devant un arbre, surmonté de neuf étoile / 10 - 20.
Obverse translation : (République Bolivienne).

Reverse

Reverse legend : LIBRE POR LA - CONSTITUCION.
Reverse description : Tête nue à gauche de Bolivar .
Reverse translation : (Libre pour la Constitution).

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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