Live auction - fwo_502992 - VENEZUELA - REPUBLIC 100 Bolivares 1886 Caracas

VENEZUELA - REPUBLIC 100 Bolivares 1886 Caracas AU

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Estimate :	3 000 €
Price :	1 850 €
Maximum bid :	1 850 €
End of the sale :	04 December 2018 18:31:43
bidders :	4 bidders

Type : 100 Bolivares

Date: 1886

Mint name / Town : Caracas

Quantity minted : 4250

Metal : gold

Millesimal fineness : 900 ‰

Diameter : 35 mm

Orientation dies : 6 h.

Weight : 32,3 g.

Edge : cannelée

Rarity : R3

Coments on the condition:

La monnaie a été légèrement nettoyée

Catalogue references :

KM19/34 - F.2

Predigree :

Cet exemplaire provient de la collection R. P

Obverse

Obverse legend : BOLIVAR - LIBERTADOR.

Obverse description : Tête nue de Simon Bolivar à droite ; signé BARRE au-dessous.

Obverse translation : (Bolivar le libérateur).

Reverse

Reverse legend : ESTADOS UNIDOS DE VENEZUELA/ GR. 32, 2580. 1886. LEI 900..

Reverse description : Écu aux armes du Vénézuéla dans une couronne composite surmonté de cornes d'abondance entrecroisées déversant leurs fruits, entre une branche de laurier et une branche d'olivier ; au-dessous, un bandeau.

Reverse translation : (États-Unis du Vénézuéla).

Commentary

Le Venezuela entra dans l'Union Latine en 1879. Le système monétaire resta inchangé jusqu'en 1936. On estime que seulement 10 % du total des exemplaires frappés ont été distribués. Il s’agit ici de la première année d’émission.

Historical background

VENEZUELA - REPUBLIC

(since 1843)

Venezuela revolted against Spanish tutelage and proclaimed its independence on July 5, 1811. Miranda was the first president (1750-1816), but the Spanish quickly regained possession of the country. Simon Bolivar (1783-1830) defeats the Spaniards on June 24, 1821 and gives Venezuela its definitive independence. He will be president of the confederation formed by Peru, Colombia and Venezuela, but will die in exile.