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Live auction - fwo_502117 - MEXICO - REPUBLIC 20 Pesos 1870 Guanajuato

MEXICO - REPUBLIC 20 Pesos 1870 Guanajuato MS
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All winning bids are subject to a 18% buyer’s fee.
Estimate : 2 500 €
Price : 1 700 €
Maximum bid : 1 750 €
End of the sale : 10 September 2019 19:27:43
bidders : 3 bidders
Type : 20 Pesos
Date: 1870
Mint name / Town : Guanajuato
Quantity minted : 3250
Metal : gold
Millesimal fineness : 875 ‰
Diameter : 35 mm
Orientation dies : 6 h.
Weight : 33,98 g.
Edge : cannelée
Coments on the condition:
Exemplaire de qualité exceptionnelle avec un petit défaut du flan au revers. La monnaie a été nettoyée et présente des rayures superficielles
Catalogue references :
Predigree :
Cet exemplaire provient de la collection R. P

Obverse


Obverse legend : REPUBLICA MEXICANA / 1870.
Obverse description : Aigle, perché sur un figuier de Barbarie, dévorant un serpent.
Obverse translation : (République mexicaine).

Reverse


Reverse legend : G°- S. VEINTE PESOS 875.
Reverse description : Bonnet phrygien avec inscription LIBERTAD (Liberté)sur des rayons, épée, balance, rouleau avec inscription LEY (Loi).

Historical background


MEXICO - REPUBLIC

The reign of Joseph Napoleon is an opportunity for Hispanic America to shake off the Spanish yoke and revolt. The Mexican Revolution began in 1810 and actually lasted until the proclamation of the Republic in 1823. In the Treaty of Guadaloupe on May 2, 1848, Mexico ceded Texas and California to the United States, nearly half of his territory. Thirty years later, General Porfirio Diaz, who militated on the side of the liberals against French intervention in Mexico, seized power in 1876 and exercised it until 1911. During these 35 years of dictatorship, the country opened its doors to foreign capital, the economy is modernizing but social inequalities are growing.

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