VENEZUELA. Caracas. 1/4 Real, 1812. Caracas Mint. NGC VF-25.
EMO-3501.1 (Plate coin); KM-C-22; Stohr-4. A compelling wholesome example of this RARE one-year issue. With no problem-free examples cited by NGC exceeding the VF level, this piece is at the upper end of quality one could hope to encounter. The surfaces lack any damage or distraction, instead showing a uniform dark brown complexion. With only a hint of weakness, the strike imparted full legibility throughout both sides. This brief issue emanates from the short-lived First Republic of Venezuela under independence hero Francisco de Miranda. Begun with lofty ideals by a patriot coup on April 19, 1810, the First Republic was quickly beset with insurmountable difficulties, among them a resurgent Spain and a failed experiment with paper money. Miranda authorized the production of 1/8, 1/4, 1/2, and 1 Real issues in copper and silver in order to meet the needs of the young Republic's costly struggle against royalist forces. The number "19" is the central design element across all four denominations, a reference to the date of the Republic's initiating event. Alas, the young republic received its fatal blow from an untimely earthquake that destroyed central Caracas. Miranda was shipped back to Spain to die in a prison cell, and it would be many tumultuous years before Venezuelan patriots would be able to claw back their independence again.
From the EMO Collection.
Estimate: $700.00- $1000.00
Price realized | 3'200 USD |
Starting price | 420 USD |