Live auction - fwo_392116 - BOLIVIA - REPUBLIC 1/2 Escudo 1839 Potosi
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All winning bids are subject to a 18% buyer’s fee.
| Estimate : | 400 € |
| Price : | 360 € |
| Maximum bid : | 400 € |
| End of the sale : | 28 June 2016 17:56:23 |
| bidders : | 2 bidders |
Type : 1/2 Escudo
Date: 1839
Mint name / Town : Potosi
Quantity minted : -
Metal : gold
Diameter : 13 mm
Orientation dies : 6 h.
Weight : 1,7 g.
Edge : striée
Slab
PCGS : AU55
Coments on the condition:
Monnaie sous coque PCGS AU55
Obverse
Obverse legend : LIBRE POR LA - CONSTITUCION.
Obverse description : Buste tête nue à droite en habit militaire, inscrit BOLIVAR. sur la tranche du vêtement.
Obverse translation : (Libre pour la Constitution).
Reverse
Reverse legend : REPUBLICA BOLIVIANA/ PTS. 1/2. 1839. L.M.
Reverse description : Paysage andin sous un soleil radiant; en dessous six étoiles.
Reverse translation : (République Bolivienne).
Historical background
BOLIVIA - REPUBLIC
(since 1825)
Simon Bolivar (1783-1830) took part in the rebellion against Napoleonic Spain in April 1810. He seized Caracas on August 6, 1813, then Bogota in 1819. With General Sucre, his lieutenant, he liberated Ecuador , then Peru by the victory of Ayacucho on December 9, 1824. San Martin gives way to him, but Bolivar does not succeed in federating a South American republic at the Congress of Panama in 1826. He loses power in Colombia in 1830 and died in exile the same year. The independence movement in Bolivia had begun in 1808, but only became effective after the victory of Sucre at Ayacucho in 1824. Lower Peru took the name of Bolivia on August 11, 1825 after independence was proclaimed on August 6, 1825. The new capital was called Sucre (from La Paz) while Potosi, where the silver mines had been discovered in 1545, made the country rich. Bolivar gives a constitution to the country which has since been characterized by political instability.
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