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Live auction - fmd_549206 - Essai de 25 centimes 1795 Paris VG.437

Essai de 25 centimes 1795 Paris VG.437  AU58 PCGS
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All winning bids are subject to a 18% buyer’s fee.
Estimate : 500 €
Price : 313 €
Maximum bid : 313 €
End of the sale : 03 December 2019 16:58:44
bidders : 2 bidders
Type : Essai de 25 centimes
Date: An 3 (1794-1795)
Mint name / Town : Paris
Quantity minted : ---
Metal : copper
Diameter : 24 mm
Orientation dies : 6 h.
Weight : 4,52 g.
Edge : lisse
Rarity : R1
Slab
slab PCGS
PCGS : SP58
Coments on the condition:
Sous coque PCGS SP58
Catalogue references :

Obverse


Obverse legend : REPUBLIQUE - FRANCAISE.
Obverse description : Buste drapé de la Liberté à gauche, coiffée du bonnet phrygien ; au-dessous une étoile.

Reverse


Reverse legend : 25.// CENTIMES// L'AN 3..
Reverse description : en trois lignes ; au-dessous une tête d'ange.

Commentary


Revers avec barre entre CENTIMES et L’AN 3.
Reverse with bar between CENTIMES and L'AN 3

Historical background


DIRECTOIRE

(26/10/1795-9-10/11/1799)

When the Convention separated on October 25, 1795, a new executive power provided for by the Thermidorian constitution was put in place.. This constitution plans to entrust power to a board of five members, each of whom presides in turn, with the replacement of one member every two years.. This board appoints ministers and civil servants, directs foreign policy and enforces laws, but it does not draft them and has no control over public funds.. Power is shared with two chambers: the Council of Five Hundred and the Council of Elders which form the Legislative Body.. This power is determined to maintain itself in the face of the risk of a monarchical restoration or a Jacobin reaction, but it is above all paralyzed by the financial crisis and must give up the assignat in 1796.. The replacement of the assignats by the territorial mandates does not inspire more confidence and this new fiduciary coin is abolished in 1797. Faced with misery and attempts at destabilization, the Directory, accused of being a "bourgeois republic", returned to revolutionary and police measures. Moreover, since 1792, the war has been uninterrupted and the influence of military leaders is growing.. In 1799, the supporters of a strong power, including Sieyès, found themselves in the Directory and they opened the way to power for Bonaparte, back from Egypt.. The coup of 18 and 19 brumaire year VIII allows the establishment of a military dictatorship under the name of Consulate.

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