1892 BULGARIA Writer Playwright Poet Ivan Vazov Silver 5 Leva Coin i87544

$1,197.00 $1,077.30

Availability: 1 in stock

SKU: i87544 Category:

Item: i87544

Authentic Coin of:

Bulgaria under Ferdinand I – Prince: 7 July 1887 – 5 October 1908
1892
Silver 5 Leva 37mm (24.81 grams) 0.900 Silver (0.7234 oz. ASW)
Reference: KM# 15 | Engraver: Anton Scharff
ФЕРДИНАНДЪ I . КНЯЗЬ БЪЛГАРСКИЙ A.SCHARFF К∙Б∙, Bust of Ferdinand I facing left.
5 ЛЕВА, Wreath.
Edge Lettering:
* БОЖЕ ПАЗИ БЪЛГАРИЯ

You are bidding on the exact item pictured, provided with a Certificate of Authenticity and Lifetime Guarantee of Authenticity.


Ferdinand (Bulgarian: Фердинанд I; 26 February 1861  ” 10 September 1948), born Ferdinand Maximilian Karl Leopold Maria of Saxe-Coburg and Gotha, was the second monarch of the Third Bulgarian State, firstly as ruling prince (knyaz) from 1887 to 1908, and later as king (tsar) from 1908 until his abdication in 1918. Under his rule Bulgaria entered the First World War on the side of the Central Powers in 1915.

Prince of Bulgaria

The previous ruling prince of Bulgaria, Alexander of Battenberg, had abdicated in 1886 after a pro-Russian coup, only seven years after he had been elected. Ferdinand, who was an officer in the Austro-Hungarian army, was elected Prince of autonomous Bulgaria by its Grand National Assembly on 7 July 1887 in the Gregorian calendar (the “New Style” used hereinafter). In desperate attempts to prevent Russian occupation of Bulgaria, the throne had been previously offered, before Ferdinand’s acceptance, to princes from Denmark to the Caucasus and even to the King of Romania. The Russian tsar himself had nominated his aide, Nichols Dadian of Mingrelia, but his candidacy was rejected by the Bulgarians. Ferdinand’s accession was greeted with disbelief in many of the royal houses of Europe; Queen Victoria, his father’s first cousin, stated to her Prime Minister, “He is totally unfit … delicate, eccentric and effeminate … Should be stopped at once.” To the amazement of his initial detractors, Ferdinand generally made a good account of himself during the first two decades of his reign.

Bulgaria’s domestic political life was dominated during the early years of Ferdinand’s reign by liberal party leader Stefan Stambolov, whose independent foreign policy saw a marked cooling in relations with Russia, formerly seen as Bulgaria’s protector.

Stambolov’s fall (May 1894) and subsequent assassination (July 1895) – likely planned by Ferdinand – paved the way for a reconciliation of Bulgaria with Russia, effected in February 1896 with Ferdinand’s decision to convert his infant son, Prince Boris, from Roman Catholicism to Eastern Orthodox Christianity. However, this move earned him the animosity of his Catholic Austrian relatives, particularly that of his uncle, Emperor Franz Joseph I of Austria, as well as being excommunicated by Pope Leo XIII

Tsar of Bulgaria

On 5 October 1908 (celebrated on 22 September), Ferdinand proclaimed Bulgaria’s de jure independence from the Ottoman Empire (though the country had been de facto independent since 1878). He also proclaimed Bulgaria a kingdom, and assumed the title of tsar “a deliberate nod to the rulers of the earlier Bulgarian states. However, while the title tsar was translated as “emperor” in the First and Second Bulgarian empires, it was translated as “king” under Ferdinand and his successors. The Bulgarian Declaration of Independence was proclaimed by him at the Holy Forty Martyrs Church in Tarnovo, and was recognized by Turkey and the other European powers. The Tarnovo Constitution was retained, with the word “prince” replaced by the word “tsar.”

Ferdinand was known for being quite a character. On a visit to German Emperor Wilhelm II, his second cousin once removed, in 1909, Ferdinand was leaning out of a window of the New Palace in Potsdam when the Emperor came up behind him and slapped him on the bottom. Ferdinand was affronted by the gesture but the Kaiser arrogantly refused to apologize. Ferdinand however exacted his revenge by awarding a valuable arms contract he had intended to give to the Krupp’s factory in Essen to French arms manufacturer Schneider-Creusot.  Another incident occurred on his journey to the funeral of his second cousin King Edward VII of the United Kingdom in 1910. A tussle broke out over where his private railway carriage would be positioned in relation to the heir presumptive to the Austro-Hungarian throne, Archduke Franz Ferdinand. The Archduke won out, having his carriage positioned directly behind the engine. Ferdinand’s was placed directly behind. Realising the dining car of the train was behind his own carriage, Ferdinand obtained his revenge on the Archduke by refusing him entry through his own carriage to the dining car.  On 15 July the same year during a visit to Belgium Ferdinand also became the first head of state to fly in an airplane.  

Balkan Wars

Like many other rulers before him, Ferdinand desired the creation of a “new Byzantium”.  In 1912, Ferdinand joined the other Balkan states in an assault on the Ottoman Empire to free occupied territories. He saw this war as a new crusade declaring it, “a just, great and sacred struggle of the Cross against the Crescent.”  Bulgaria contributed the most and also lost the greatest number of soldiers. The Great Powers insisted on the creation of an independent Albania. Though the Balkan League allies had fought together against the common enemy in the First Balkan War, that was not enough to overcome their mutual rivalries. In the original documents for the Balkan League, Serbia had been pressured by Bulgaria to hand over most of Vardar Macedonia after it had conquered it from the Ottoman Empire. However Serbia, in response to the new Albanian state receiving territory in the north that it had expected to gain for itself, said that it would keep possession of the areas that its forces had occupied. Soon after, Bulgaria began the Second Balkan War when it invaded its recent allies Serbia and Greece to seize disputed areas, before being attacked itself by Romania and the Ottoman Empire. Although Bulgaria was defeated, the 1913 Treaty of Bucharest granted the Kingdom some territorial gains. A tiny area of land giving access to the Aegean Sea was secured.

First World War and abdication

On 11 October 1915, the Bulgarian army attacked Serbia after signing a treaty with Austria-Hungary and Germany stating that Bulgaria would gain the territory it sought at the expense of Serbia. While he was not an admirer of German Emperor Wilhelm II or Austrian Emperor Franz Josef I “whom he described as “that idiot, that old dotard of a Francis Joseph”. “Ferdinand wanted additional territorial gains after the humiliation of the Balkan Wars. This also entailed forming an alliance with his former enemy, the Ottoman Empire. This ranging of his country with the Central Powers made him a de facto supporter of Germany’s war aims and was not well received by the Allies. Edmund Gosse wrote:

“In this war, where the ranks of the enemy present to us so many formidable, sinister, and shocking figures, there is one, and perhaps but one, which is purely ridiculous. If we had the heart to relieve our strained feelings by laughter, it would be at the gross Coburg traitor, with his bodyguard of assassins and his hidden coat-of-mail, his shaking hands and his painted face. The world has never seen a meaner scoundrel, and we may almost bring ourselves to pity the Kaiser, whom circumstances have forced to accept on equal terms a potentate so verminous.”

During the initial phase of World War I, the Tsardom of Bulgaria achieved several decisive victories over its enemies and laid claim to the disputed territories of Macedonia after Serbia’s defeat. For the next two years, the Bulgarian army shifted its focus towards repelling Allied advances from nearby Greece. They were also partially involved in the 1916 conquest of neighboring Romania, now ruled by another Ferdinand I, who was also Ferdinand’s second cousin once removed.

To save the Bulgarian monarchy after multiple military setbacks in 1918, Tsar Ferdinand abdicated in favour of his eldest son, who became Tsar Boris III on 3 October 1918.  Under new leadership, Bulgaria surrendered to the Allies and, as a consequence, lost not only the additional territory it had fought for in the major conflict, but also the territory it had won after the Balkan Wars giving access to the Aegean Sea.


Bulgaria (Bulgarian: България, tr. Bǎlgariya), officially the Republic of Bulgaria (Bulgarian: Република България, tr. Republika Bǎlgariya, IPA: [rɛˈpublikɐ bɐɫˈɡarijɐ]), is a country in southeastern Europe. It is bordered by Romania to the north, Serbia and Macedonia to the west, Greece and Turkey to the south, and the Black Sea to the east. With a territory of 110,994 square kilometres (42,855 sq mi), Bulgaria is Europe’s 16th-largest country.

Organised prehistoric cultures began developing on current Bulgarian lands during the Neolithic period. Its ancient history saw the presence of the Thracians, Ancient Greeks, Persians, Celts, Romans, Goths, Alans and Huns. The emergence of a unified Bulgarian state dates back to the establishment of the First Bulgarian Empire in 681 AD, which dominated most of the Balkans and functioned as a cultural hub for Slavs during the Middle Ages. With the downfall of the Second Bulgarian Empire in 1396, its territories came under Ottoman rule for nearly five centuries. The Russo-Turkish War of 1877-78 led to the formation of the Third Bulgarian State. The following years saw several conflicts with its neighbours, which prompted Bulgaria to align with Germany in both world wars. In 1946 it became a one-party socialist state as part of the Soviet-led Eastern Bloc. In December 1989 the ruling Communist Party allowed multi-party elections, which subsequently led to Bulgaria’s transition into a democracy and a market-based economy.

Bulgaria’s population of 7.2 million people is predominantly urbanised and mainly concentrated in the administrative centres of its 28 provinces. Most commercial and cultural activities are centred on the capital and largest city, Sofia. The strongest sectors of the economy are heavy industry, power engineering, and agriculture, all of which rely on local natural resources.

The country’s current political structure dates to the adoption of a democratic constitution in 1991. Bulgaria is a unitary parliamentary republic with a high degree of political, administrative, and economic centralisation. It is a member of the European Union, NATO, and the Council of Europe; a founding state of the Organization for Security and Co-operation in Europe (OSCE); and has taken a seat at the UN Security Council three times.


Frequently Asked Questions

Mr. Ilya Zlobin, world-renowned expert numismatist, enthusiast, author and dealer in authentic ancient Greek, ancient Roman, ancient Byzantine, world coins & more.
Mr. Ilya Zlobin, world-renowned expert numismatist, enthusiast, author and dealer in authentic ancient Greek, ancient Roman, ancient Byzantine, world coins & more.

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YEAR

1892

COUNTRY/REGION OF MANUFACTURE

Bulgaria

CERTIFICATION

Uncertified

COMPOSITION

Silver

DENOMINATION

5 Leva

MPN

Bulgaria Uncertified bcfe0725-b55

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