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Live auction - fwo_525128 - MEXICO - REPUBLIC Peso or 1892 Mexico

MEXICO - REPUBLIC Peso or 1892 Mexico AU
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All winning bids are subject to a 18% buyer’s fee.
Estimate : 200 €
Price : 176 €
Maximum bid : 200 €
End of the sale : 09 April 2019 17:11:02
bidders : 3 bidders
Type : Peso or
Date: 1892
Mint name / Town : Mexico
Quantity minted : 2895
Metal : gold
Millesimal fineness : 875 ‰
Diameter : 15 mm
Orientation dies : 6 h.
Weight : 1,69 g.
Edge : cannelée
Coments on the condition:
La monnaie présente des traces de monture sur la tranchet et a été nettoyée
Catalogue references :

Obverse


Obverse legend : REPUBLICA MEXICANA.
Obverse description : Aigle debout à gauche sur un cactus, tenant un serpent ; au-dessous le millésime.
Obverse translation : (République du Mexique).

Reverse


Reverse legend : M.875 M°..
Reverse description : dans une couronne : 1/ PESO.

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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