Brazil (Minas Gerais) 1808 c/s 8 reales
This silver eight reales was counterstamped at the Minas Gerais mint in 1808 to legalize its circulation as a 960 réis. These coins were usually struck over Spanish-American dollars. The general overstriking which commenced at Bahia and Rio in 1810 made this local counterstamp redundant. The first specimen was lot 20498 in Heritage sale 3009 (Chicago, April 2010), where it sold for $1,150. The catalog description noted, "Minas Gerais 960 Counterstamp on Mexican 8 Reales 1808, host coin is VF, c/s is XF. Vast majority of Minas countermarks are found on Bolivian and Peruvian 8 Reales, with Mexico being one of the rarer host coins." The second specimen was lot 40445 in Ponterio sale 169 (Baltimore, November 2012), where it sold for $2,350. The catalog description noted, "BRAZIL. Minas Gerais. 960 Reis, ND (1808). NGC EF Details--Reverse Scratched. Minas Gerais countermark on an 1806-FJ 8 Reales of Chile. Some light scratches on reverse. Both host coin and countermark are EXTREMELY FINE." The third specimen was lot 40441 in Ponterio sale 169 (Baltimore, November 2012), where it sold for $3,055. The catalog description noted, "BRAZIL. Minas Gerais. 960 Reis, ND (1809). PCGS VF-30 Secure Holder. Minas Gerais countermark on a 1790-PR 8 Reales with transitional bust from Bolivia. Lightly toned. Both host coin and countermark are VERY FINE."
Recorded mintage: unknown.
Specification: 26.89 g, .896 fine silver, .775 troy oz ASW.
Catalog reference: (first) KM 248, Russo 453; (second) KM-243; LDMB-452; Gomes-115.04; (third) KM-241; LDMB-446; Gomes-114.01.
- Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1801-1900, 7th ed., Iola, WI: Krause Publications, 2012.
- Pimentel, Alvaro Mendes, Catálogo de Moedas Brasileiras de 1643 a 1962, 9a Ed., Rio de Janeiro, 1962.
- Amato, Claudio, Irlei S. Neves and Arnaldo Russo, Livro das Moedas do Brasil, 12a ed. Sao Paulo, 2008.
- Alberto Gomes and Francisco Antonio Magro, Moedas Portuguesas e do Território Que Hoje é Portugal: Catálogo das Moedas Cunhadas para o Continentes e Ilhas Adjacentes, para os Territórios do Ultramar e Grão-Mestres Portugueses da Ordem de Malta, 6ª Edição, Lisbon: Associação Numismática de Portugal, 2013.
- Tucker, Warren, and Scott Cordry, Heritage Signature Auction 3009: World Coins, Dallas, TX: Heritage Auction Galleries, 2010.
- Ponterio, Richard, Ponterio sale 169: The November 2012 Baltimore Auction, Irvine, CA: Stack's Bowers, LLC, 2012.