Live auction - fco_501058 - GUINEA - LABÉ Module de 5 francs 1894

GUINEA - LABÉ Module de 5 francs 1894 AU

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Estimate :	3 000 €
Price :	1 550 €
Maximum bid :	2 100 €
End of the sale :	04 December 2018 18:34:43
bidders :	2 bidders

Type : Module de 5 francs

Date: 1894

Quantity minted : -

Metal : silver

Millesimal fineness : 950 ‰

Diameter : 37 mm

Orientation dies : 12 h.

Weight : 24,98 g.

Edge : lisse/ ARGENT 950 M/M

Puncheon : losange ARGENT 950 M/M en creux

Rarity : R2

Coments on the condition:

La monnaie est frappée sur un flan légèrement voilé et présente une légère usure et des coups sur la tranche. Elle est couverte d’une patine de collection ancienne

Catalogue references :

Lec.3

Obverse

Obverse legend : KAHEL À L'EXERGUE.

Obverse description : Lion passant à gauche ; au-dessus, un croissant.

Reverse

Reverse legend : 25 GR. A./ 1894.

Reverse description : Inscription arabe dans un cartouche.

Commentary

Ces pièces ne furent pas officiellement mises en circulation. Pour le module de la pièce de 5 francs, il y a trois modèles différents : deux au millésime de 1879, le troisième de 1894 (notre pièce). Ils présentent tous un lion surmonté d'un croissant au droit. Il semblerait que l'inscription au revers puisse se traduire par Sanderval.
Un exemplaire de qualité équivalente a été vendu 4400 euros hors frais en 2015 dans une vente “International Coin Exchange Ldt”.

Historical background

GUINEA - LABÉ

The Labé, located on the Fouta-Djalon plateau populated by the Dailonke, owes its name to a chief of this tribe, Manga Labé, king in the 18th century. The region, located at the entrance to the Gulf of Guinea, was of prime economic importance for the boats that came to refuel before starting the crossings to the Americas during the triangular trade. A French protectorate was established over Fouta-Djalon in 1881. Between 1877 and 1898, Aimé Olivier de Sanderval managed, for the Pastre house in Marseille, several counters both on the coast and on the plateau. He obtained from the native chiefs of the region that they recognize him as sovereign of Labé. He behaved like a local kinglet but was never recognized by France. The French occupied Labé from 1896 and the territory became part of French West Africa in 1899.