1865-72 Paraguay 1 Real - War of the Triple Alliance - PCGS AG03 (Silver)

Description

1865-72 Paraguay 1 Real - War of the Triple Alliance - PCGS AG03 (Silver)
Grading Service: Professional Coin Grading Service - PCGS
Grade: About Good 03 - AG03
Certification: 43817974
Country: Paraguay
Period: Republic (1811-Date)
Type: Standard Circulation Coin
Years: 1865-1872
Denomination: 1 Real
Currency: Cut and Countermarked Coinage (1844-1872)
Composition: Silver
Weight: 2.5g
Obverse: Quarter cut of a Bolivian 4 Soles counterstamped with raised "1" punch on hexagonal field with horizontal lines
Reverse: Quarter cut of a Bolivian 4 Soles
Reference: KM# B2, M# R2
The Paraguayan War, also known as the War of the Triple Alliance, was a South American war that lasted from 1864 to 1870. It was fought 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 American history. Paraguay sustained large casualties, but the approximate numbers are disputed. Paraguay was forced to cede disputed territory to Argentina and Brazil. 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".
After Paraguay was defeated in conventional warfare, it conducted a drawn-out guerrilla resistance, a strategy that resulted in the further destruction of the Paraguayan military and the civilian population. Much of the civilian population lost their lives due to battle, hunger, and disease. The guerrilla war lasted for 14 months until President Francisco Solano López was killed in action by Brazilian forces in the Battle of Cerro Corá on 1 March 1870. Argentine and Brazilian troops occupied Paraguay until 1876.
During the War of the Triple Alliance 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.
*Coin condition is based on our professional opinion. Pictures are representative of the coin that you will receive, actual coin may differ slightly, and serial numbers may vary*
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About Us
Infinity Coins is a full-time coin shop located in Idaho Falls, ID. We deal in Coins, Paper Money, Silver and Gold bullion, Jewelry, Precious and Semi-Precious Stones, Watches, and several other small collectibles. We have a large inventory that moves fast and we only list very little on here so if there is something else you are looking for, please ask, we might have it. Also being a brick and mortar store please also check us out with the BBB, we have an “A” rating.
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Disclaimer
This product is sold, as is, and at your own risk. All items will be shipped insured and as pictured and/or described. If there is a problem with it when the item is received, it most likely happened during shipping. We will work with our insurance company to either replace or reimburse you for it. If something was done or stated wrong on our part we will work hard with you to make it right. Being a professional coin dealer, any uncertified coins are listed with a grade that is our professional opinion of the grade. Other items listed with a grade are graded by a tier 1, recognized, grading service. Please look at and evaluate the coin for your own opinion. Please only bid on this item if you know what it is and how to use it. There is no warranty expressed or implied in this listing.
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