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Live auction - 503588 - 2 Pesos Non émis DOMINICAN REPUBLIC 1880 PS.104r

2 Pesos Non émis DOMINICAN REPUBLIC  1880 PS.104r VF
2 Pesos Non émis DOMINICAN REPUBLIC  1880 PS.104r VF2 Pesos Non émis DOMINICAN REPUBLIC  1880 PS.104r VF
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All winning bids are subject to a 18% buyer’s fee.
Estimate : 110 €
Price : 105 €
Maximum bid : 105 €
End of the sale : 20 February 2024 20:49:18
bidders : 4 bidders
Face Value : 2 Pesos Non émis
Date: (1880)
Period/Provinces/Banks Banco de la Compania de Credito de Puerto Plata
Catalogue reference : PS.104r
Alphabet - series : E
Detailed grade description : Plis écrasés

Commentary


Non signé, non daté.

Historical background


DOMINICAN REPUBLIC

Santo Domingo was discovered by Christopher Columbus in 1492 and named Hispaniola. It is the first province of the Spaniards who call it Santo Domingo. French then Spanish, the island was under the control of the United States at the beginning of the 20th century. In 1962, the first free elections took place but, in 1963, a putsch overthrew power. Order was restored in 1965 after American intervention. Joaquin Balaguer was elected president in 1966, 1970 and 1974 and returned in 1986, 1990 and 1994. He had to face many difficulties: natural disasters (cyclones), inflation, corruption and social inequalities, among others.

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