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Live auction - fwo_522647 - MEXICO - REPUBLIC 1/4 Real 1848 Guadalajara

MEXICO - REPUBLIC 1/4 Real 1848 Guadalajara XF
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All winning bids are subject to a 18% buyer’s fee.
Estimate : 850 €
Price : 400 €
Maximum bid : 400 €
End of the sale : 04 June 2019 19:29:51
bidders : 1 bidder
Type : 1/4 Real
Date: 1848
Mint name / Town : Guadalajara
Quantity minted : -
Metal : silver
Millesimal fineness : 900 ‰
Diameter : 12 mm
Orientation dies : 6 h.
Weight : à,85 g.
Edge : lisse
Rarity : R3
Coments on the condition:
La monnaie présente une usure normale et a été un peu nettoyée
Catalogue references :

Obverse


Obverse legend : REPUBLICA MEXICANA . 1848..
Obverse description : 1/4.

Reverse


Reverse legend : GA - L. R..
Reverse description : Tête à gauche coiffée du bonnet phrygien.

Commentary


Un exemplaire légèrement plus beau à réalisé 915 euros chez Stack’s en mars 2011, lot n°8087.

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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