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Live auction - fmd_419487 - Concours de 5 francs, piéfort au double de Gayrard, tranche inscrite 1848 Paris VG.3078 var.

Concours de 5 francs, piéfort au double de Gayrard, tranche inscrite 1848 Paris VG.3078 var. MS60
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All winning bids are subject to a 12% buyer’s fee.
Estimate : 1 000 €
Price : 680 €
Maximum bid : 700 €
End of the sale : 14 March 2017 17:07:09
bidders : 3 bidders
Type : Concours de 5 francs, piéfort au double de Gayrard, tranche inscrite
Date: 1848
Mint name / Town : Paris
Metal : brass
Diameter : 37 mm
Orientation dies : 6 h.
Weight : 55,71 g.
Edge : inscrite en relief + PIEFORT + CONCOURS 1848
Rarity : R2
Catalogue references :


Obverse legend : REPUBLIQUE - FRANÇAISE.
Obverse description : Buste de la République de face avec un bandeau inscrit LIBERTE EGALITE FRATERNITE ; signature cursive Gayrard au-dessous.


Reverse legend : LIBERTE * EGALITE * FRATERNITE - 5/ FRANCS/ 1848.
Reverse description : en trois lignes dans une couronne composite.


Piéfort non répertorié avec la tranche inscrite et dont le revers est différent de celui illustré par Gadoury.

Historical background



During the revolution of February 1848, Louis-Philippe abdicated in favor of his grandson, son, but it is not recognized by the Chambers, February 24, the Republic was proclaimed by a decree of the Provisional Government. It proclaimed the freedom of labor, the abolition of the death penalty in politics, universal suffrage. National workshops were created in March 1848. Elections were held in April and lead to the success of moderate Republicans. The closing of the national workshops causes riots are quelled by General Cavaignac who is appointed Chairman of the Board. The rebels were executed, imprisoned, deported. The legislative power is vested in a single meeting as President of the Republic, elected by universal suffrage, holds executive. The latter is the Prince Louis Napoleon. It conflicts with the meeting in 1850 for his re-election is unconstitutional. Louis Napoleon then engages in the preparation of the coup, which enables him Dec. 2, 1851, to install a dictatorship. In November 1852, it is proposed to restore the hereditary imperial dignity. The plebiscite of November 21-22 gives nearly eight million yes for the Empire while not only collected about 250. 000 votes. December 2, 1852, Louis Napoleon was proclaimed emperor under the name of Napoleon III.

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