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Live auction - fwo_515025 - MEXICO - REPUBLIC 8 Reales 1893 Mexico

MEXICO - REPUBLIC 8 Reales 1893 Mexico MS/AU
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All winning bids are subject to a 18% buyer’s fee.
Estimate : 220 €
Price : 158 €
Maximum bid : 170 €
End of the sale : 29 January 2019 18:55:33
bidders : 2 bidders
Type : 8 Reales
Date: 1893
Mint name / Town : Mexico
Quantity minted : 10773000
Metal : silver
Millesimal fineness : 875 ‰
Diameter : 38 mm
Orientation dies : 6 h.
Weight : 27,23 g.
Edge : striée
Catalogue references :

Obverse


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

Reverse


Reverse legend : */ 8 R./ M°./ 1893./ A. M./ 10 D./ 20 G..
Reverse description : Soleil à plusieurs rais sur lequel est placé un bonnet phrygien portant l’inscription LIBERTAD.

Commentary


Rare dans cet état de conservation.

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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