1 Real "Co" (Countermark over ¼ of Bolivian 4 Soles) ND (1865-1870) front 1 Real "Co" (Countermark over ¼ of Bolivian 4 Soles) ND (1865-1870) back
1 Real "Co" (Countermark over ¼ of Bolivian 4 Soles) ND (1865-1870) photo
© Heritage Auctions

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

 
Silver 3.15 g -
Description
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
Updated
2024-10-07
References
Numista
N#171145
Rarity index
97%

Reverse

LIBRE

Script: Latin

Lettering: Free

Edge

Crenulated

Comment

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.

Price

Date Mintage VG F VF XF AU UNC
ND (1865-1870)  - - - - - -

Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for 1 Real "Co" (Countermark over ¼ of Bolivian 4 Soles) ND (1865-1870) coin.