NumisBids
  
Stephen Album Rare Coins
Auction 43  12-15 May 2022
View prices realized

Lot 2431

Starting price: 110 USD
Price realized: 650 USD
Find similar lots
Share this lot: Share by Email
DOMINICAN REPUBLIC: AR franco, 1891-A, KM-11, one-year type struck at the Paris Mint, a wonderful lustrous mint state example! PCGS graded MS64, ex Joe Sedillot Collection. The franco was a currency introduced in the Dominican Republic in 1891, as the Dominican Republic Government, then headed by president Ulises Heureaux, intended to join the Latin Monetary Union. It was subdivided into 100 centesimos. Five denominations of coins were issued: 5, 10 and 50 centesimos, and 1 and 5 francos. Although apparently intended to replace the Mexican peso which was the main circulating currency back then, this did not happen, because the Dominican Government did not establish parity with the circulating Mexican peso and in 1897, new coins denominated in pesos and similar in design to the franco coins were introduced.

Estimate: 125-175 USD
Question about this auction? Contact Stephen Album Rare Coins