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Live auction - fmd_524194 - Essai de Un centime, procédé de Gengembre 1797 Paris VG.527

Essai de Un centime, procédé de Gengembre 1797 Paris VG.527  AU
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All winning bids are subject to a 18% buyer’s fee.
Estimate : 300 €
Price : 308 €
Maximum bid : 417 €
End of the sale : 04 June 2019 17:48:28
bidders : 6 bidders
Type : Essai de Un centime, procédé de Gengembre
Date: An 5 (1796-1797)
Mint name / Town : Paris
Metal : bronze
Diameter : 17,5 mm
Orientation dies : 6 h.
Weight : 1,73 g.
Edge : lisse
Rarity : R2
Coments on the condition:
Petite griffure sur la joue et petit coup sur le “M” de TEMS
Catalogue references :

Obverse


Obverse legend : LIBERTÉ - L'AN CINQ.
Obverse description : Tête de la Liberté à gauche, coiffée du bonnet phrygien, une étoile sous le buste.

Reverse


Reverse legend : COUPÉ/ ET FRAPPÉ/ EN/ MEME TEMS/ PAR/.
Reverse description : PH. GENGEMBRE en lettres cursives, en six lignes dans le champ.

Historical background


DIRECTOIRE

(26/10/1795-9-10/11/1799)

When the Convention separated on October 25, 1795, a new executive power provided for by the Thermidorian constitution was put in place.. This constitution plans to entrust power to a board of five members, each of whom presides in turn, with the replacement of one member every two years.. This board appoints ministers and civil servants, directs foreign policy and enforces laws, but it does not draft them and has no control over public funds.. Power is shared with two chambers: the Council of Five Hundred and the Council of Elders which form the Legislative Body.. This power is determined to maintain itself in the face of the risk of a monarchical restoration or a Jacobin reaction, but it is above all paralyzed by the financial crisis and must give up the assignat in 1796.. The replacement of the assignats by the territorial mandates does not inspire more confidence and this new fiduciary coin is abolished in 1797. Faced with misery and attempts at destabilization, the Directory, accused of being a "bourgeois republic", returned to revolutionary and police measures. Moreover, since 1792, the war has been uninterrupted and the influence of military leaders is growing.. In 1799, the supporters of a strong power, including Sieyès, found themselves in the Directory and they opened the way to power for Bonaparte, back from Egypt.. The coup of 18 and 19 brumaire year VIII allows the establishment of a military dictatorship under the name of Consulate.

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