Brazil 1724-M 20000 reis

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Eliasberg lot 1122
Brazil 1724M 20000 reis rev Eliasberg 1122.jpg
This specimen was lot 1122 in the Eliasberg sale, where it sold for $25,300. The catalog description[1] noted,
"1724 20,000 reis. Minas Gerais mint. MS-64 (NGC). Types as above. Outstanding lustre on bright golden surfaces. An exceptional specimen of this rare date. The Norweb piece, called 'lightly cleaned long ago, very fine overall' brought $7,700. Specimens of this calibre appear on the market very infrequently, but provide an ideal centerpiece for an advanced collection of the coinage of Brazil. This denomination was the largest gold coin that enjoyed legal tender status in the early days of the United States. From the John H. Clapp Collection; Clapp estate to Louis E. Eliasberg, Sr., 1942."
The type was struck in Minas Gerais 1724-27.

Recorded mintage: unknown.

Specification: 53.78 g, .917 fine gold, 1.586 troy oz AGW; this specimen: 53.73 grams, 37.20 mm diameter.

Catalog reference: Fr-33, KM 117.

Source:

  • [1]Kraljevich, John, John Pack, Elizabeth O. Piper and Frank Van Valen, The Louis E. Eliasberg, Sr., Collection of World Gold Coins and Medals, Wolfboro, NH: American Numismatic Rarities, 2005.
  • 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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