Brazil 1695 4000 reis

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Heritage sale 3024, lot 23161
Brazil 1695 4000 reis rev Heritage 3023-23161.jpg

This specimen was lot 23161 in Heritage sale 3024 (Chicago, April 2013), where it sold for $5,287.50. The catalog description[1] noted, "Pedro II gold 4000 Reis 1695(B), XF Details NGC, surface hairlines. With the establishment of the Bahia mint in 1694, gold coin production began in 1695 and the striking of 2000 and 4000 Reis. Essentially, this is the first Portuguese colonial gold struck in their American territory. Featuring a 'large' crown, which makes the coin a one-year type, the scarce specimen is lightly cleaned and somewhat re-toned. Strong features, including date and legends. From The RLM Collection." This type was struck 1695 only and is among the first products of the Brazilian mints. Large mintages came later, with the discovery of gold in the Minas Gerais.

Recorded mintage: unknown.

Specification: 8.16 g, .917 fine gold, .240 troy oz AGW.

Catalog reference: KM 86, Russo-20, Gomes-30.01.

Source:

  • [1]Bierrenbach, Cristiano, Warren Tucker and David Michaels, Heritage World and Ancient Coins Auction 3024, featuring the Kairos and Elizabeth McPhall Charters Collections, Dallas: Heritage Auction Galleries, 2013.
  • Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 7th ed., Clifton, NJ: Coin and Currency Institute, 2003.
  • Krause, Chester L., and Colin R. Bruce II, Standard Catalog of World Coins: Spain, Portugal and the New World, Iola, WI: Krause Publications, 2002.
  • Pimentel, Alvaro Mendes, Catálogo de Moedas Brasileiras de 1643 a 1962, 9a Ed., Rio de Janeiro, 1962.

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