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Live auction - fwo_501894 - MEXICO - REPUBLIC 8 Escudos 1825 Mexico

MEXICO - REPUBLIC 8 Escudos 1825 Mexico XF
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All winning bids are subject to a 18% buyer’s fee.
Estimate : 2 000 €
Price : 1 200 €
Maximum bid : 1 250 €
End of the sale : 04 June 2019 19:29:21
bidders : 1 bidder
Type : 8 Escudos
Date: 1825
Mint name / Town : Mexico
Quantity minted : -
Metal : gold
Millesimal fineness : 875 ‰
Diameter : 37 mm
Orientation dies : 12 h.
Weight : 27,13 g.
Edge : striée
Rarity : R1
Coments on the condition:
La monnaie présente des faiblesses de frappe de part et d’autre. Le flan est légèrement bombé. Stries d’ajustage à l’avers. Le revers a été légèrement nettoyé et présente des rayures superficielles. Une fine patine recouvre l’exemplaire
Catalogue references :
Predigree :
Cet exemplaire provient de la collection R. P

Obverse


Obverse legend : REPUBLICA MEXICANA.
Obverse description : Aigle debout à gauche sur un cactus, terrassant un serpent entre deux branches composites.
Obverse translation : (République mexicaine).

Reverse


Reverse legend : LA LIBERTAD EN LA LEY/ * 8E. M°. 1825. J. M. 21 QS *.
Reverse description : Dextrochère, tenant une pique surmontée d'un bonnet phrygien devant le livre de la Loi.
Reverse translation : (La Liberté dans la 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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