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Live auction - fwo_500321 - GUATEMALA - REPUBLIC OF CENTRAL AMERICA 1/2 Escudo 1825 Guatemala

GUATEMALA - REPUBLIC OF CENTRAL AMERICA 1/2 Escudo 1825  Guatemala XF
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All winning bids are subject to a 18% buyer’s fee.
Estimate : 400 €
Price : 310 €
Maximum bid : 320 €
End of the sale : 30 October 2018 18:03:33
bidders : 4 bidders
Type : 1/2 Escudo
Date: 1825
Mint name / Town : Guatemala
Metal : gold
Millesimal fineness : 875 ‰
Diameter : 14,5 mm
Orientation dies : 12 h.
Weight : 1,66 g.
Edge : cordonnée
Rarity : R1
Coments on the condition:
Usure au revers sur l’arbre
Catalogue references :

Obverse


Obverse legend : REPUB. DEL CENT. DE AMER/ .1825..
Obverse description : Vue d'un paysage montagneux avec le soleil/ contremarqué d'un lion tourné à gauche.
Obverse translation : (République du centre de l'Amérique).

Reverse


Reverse legend : LIBRE CRESCA FECUNDO/ .NG. M. 21 Q..
Reverse description : Arbre, accosté de 1/2 - E..
Reverse translation : (libre rend fécond).

Commentary


Ce type fut frappé pour l'atelier de San José (Costa Rica) de 1825 à 1849. Il fut aussi fabriqué pour l'atelier de Guatemala city de 1824 à 1826 et en 1843. Ces pièces furent ensuite contremarquées de 1849 à 1857 avec la légende HABILITIDA POR EL GOBIERNO (reconnu par le gouvernement). Pour le demi-escudo, on connaît les millésimes 1828, 1843, et de 1847 à 1849.

Historical background


GUATEMALA - REPUBLIC OF CENTRAL AMERICA

In the middle of the 19th century, Carrera, then Cerna which succeeded it, benefited from a period of economic stability, mainly due to the export of cochineal to Great Britain.. The government's credit is then strong enough to enable it to acquire precious metals necessary for the minting of gold coins of various denominations and silver pesos.. The country is modernizing: roads, bridges, railway lines are being built. . . Coffee culture is developed. Vicente Cerna continues the strong conservative policy established in Guatemala. After his re-election as head of the Republic, discontent is growing against his dictatorial regime. A group of Guatemalans dare to criticize the government in front of Congress. The leader of this group, Miguel García Granados, must then leave his country to take refuge in Mexico where it is said that he obtains the support of President Benito Juárez. The invasion of Guatemala becomes imminent when the rebel officer Justo Rufino Barrios, who had important connections in the Los Altos region, joins the group of García Granados. Barrios proves to be a skilful general on the battlefield, in actions such as those carried out at Tacaná, Laguna Seca, Coxón and Tierra Blanca. President Cerna's forces retreat. The last fight takes place in San Lucas, near Antigua Guatemala, which dominates the capital. Cerna abandoned the country and the revolutionaries marched through Guatemala City where they arrived on June 30, 1871, thus marking the beginning of a new political era that made it possible to introduce significant changes in the country's society and economy.. In 1881, a second unsuccessful attempt was made to introduce the decimal system and its sub-multiples (coins of 5, 10 and 25 centavos in silver and 1 centavo in copper).. Four years later, in 1885, Justo Rufino Barrios proclaimed the Central American Federation and took command of the Union army to invade neighboring countries.. He was killed in the battle of Chalchuapa (El Salvador) on April 2, 1885.. Barrios Barillas Manuel Lizandro seizes power and makes peace with the Republics of Central America: Honduras, El Salvador, Nicaragua and Costa Rica. By various diplomatic means, he tried to unify them and, in 1889, the Pact of Union was celebrated.. In 1889, two copper essays were minted (1 and 2 centavos) but no issue followed..

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