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Live auction - fwo_277324 - BOLIVIA - REPUBLIC Médaille Nationalisation des Compagnies Minières 1952

BOLIVIA - REPUBLIC Médaille Nationalisation des Compagnies Minières 1952 MS64 PCGS
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All winning bids are subject to a 18% buyer’s fee.
Estimate : 1 800 €
Price : 1 300 €
Maximum bid : 1 300 €
End of the sale : 13 December 2016 18:12:36
bidders : 1 bidder
Type : Médaille Nationalisation des Compagnies Minières
Date: 1952
Metal : gold
Millesimal fineness : 900 ‰
Diameter : 36 mm
Orientation dies : 6 h.
Weight : 38,87 g.
Edge : cannelée
Slab
slab PCGS
PCGS : MS64
Coments on the condition:
La monnaie est sous coque PCGS MS64
Catalogue references :
KM20/-

Obverse

Obverse legend : REPUBLICA DE BOLIVIA *.
Obverse description : armes de la Bolivie.
Obverse translation : (République de Bolivie).

Reverse

Reverse legend : INDEPENDENCIA ECONOMICA // G.VILLARROEL / * 31-X-1952 *.
Reverse description : portrait à gauche de Gualberto Villaroel, dans le champ à droite inscription 35 / Grs. /ORO / PURO.
Reverse translation : (Indépendance économique).

Commentary

Le 21 octobre 1952, le gouvernement bolivien nationalise les principales compagnies minières du pays. A cette occasion, ont été frappées quatre médailles dont celle-ci.

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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