1 Real "Co" Countermark over ¼ of Bolivian 4 Soles

Features

Issuer Paraguay
Period Republic (1811-date)
Years 1865-1870
Value 1 Real (0.125)
Currency Cut and Countermarked coinage (1844-1872)
Composition Silver
Weight 3.15 g
Shape Other (Cut ¼ Segment of a Bolivian 4 Soles)
Demonetized 24 February 1872
Number
N#
171145
References KM# C2,
Tracy L. Schmidt (editor); 2019. Standard Catalog of World Coins / 2001-Date (14th edition). Krause Publications, Stevens Point, Wisconsin, United States.
And 5 more volumes.
M# R9
Miguel Ángel Pratt Mayans; 2013. Catálogo de monedas y ensayos de la República del Paraguay. M. A. Pratt Mayans, Asunción, Paraguay.

Obverse

Cut of a Bolivian 4 Soles counterstamp "Co" for Compania Orientale

Script: Latin

Lettering: Co

Reverse

LIBRE

Script: Latin

Lettering: Free

Edge

Crenulated

Comments

Republic 1 Real Counterstamp, similar to KM-C2, but the counterstamp is "C O" for Compania Orientale, the War of the Triple Alliance, 1865-1870. The host coin is a Bolivia 4 Soles, cut in crenulated edges and stamped C-O on one side and a guilloche of wavy lines on the other.

War of the Triple Alliance was a South American war fought from 1864 to 1870, between Paraguay and the Triple Alliance of Argentina, the Empire of Brazil, and Uruguay. It was the deadliest and bloodiest inter-state war in Latin America's history. It particularly devastated Paraguay, which suffered catastrophic losses in population: almost 70% of its adult male population died, according to some counts, and it was forced to cede territory to Argentina and Brazil. According to some estimates.

The war began in late 1864, as a result of a conflict between Paraguay and Brazil caused by the Uruguayan War. Argentina and Uruguay entered the war against Paraguay in 1865, and it then became known as the "War of the Triple Alliance".

The war ended with the total defeat of Paraguay. After it lost in conventional warfare, Paraguay conducted a drawn-out guerrilla resistance, a disastrous strategy that resulted in the further destruction of the Paraguayan military and much of the civilian population through battle casualties, hunger and diseases.

During the War of the Triple Alliance (1865 - 1870) coins were cut into 2, 4 and 8 pieces by civilians acting as purveyors for the Allied Armies. They cut them with different edges: dented, smooth, or wavy, according to the kind of instrument used: others were countermarked with their punches, with letters or numbers.

The use of cut coins was abolished throughout the Republic by a Decree dated February 24, 1872.

See also

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Date VG F VF XF AU UNC
ND (1865-1870)  Photo $ 790

Values in the table above are expressed in USD. They are based on evaluations by Numista users and sales realized on Internet platforms. They serve as an indication only; they are not intended to be relied upon for buying, selling or exchanging. Numista does not buy or sell coins or banknotes.

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Past sales

Pictures Sale Date Grade Sold price
Picture 1 of a sold 1 Real "Co" (Countermark over ¼ of Bolivian 4 Soles)Picture 1 of a sold 1 Real "Co" (Countermark over ¼ of Bolivian 4 Soles)
Heritage Auctions
Lot 17366
Internet Archive
2 Jun 2006 F
(NGC F12)
USD 862.50
(incl. buyer's premium)
See the sales

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