Brazil 1727-M 20000 reis

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Ponterio sale 145, lot 475

This type was struck between 1724 and 1727 in Minas Gerais to consume the large quantities of gold coming out of the mines in that region of Brazil. While the 4000 réis is relatively available, this type, the only 20000 réis issued during colonial times, is very scarce. This massive coin, one of the largest gold coins ever issued for circulation, always brings gasps of awe when it appears in auction. This specimen was lot 475 in Ponterio sale 145.

Recorded mintage: unknown.

Specification: 53.78 g, .917 fine gold, 1.587 troy oz AGW.

Catalog reference: KM 117, Friedberg 33.

Source:

  • Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
  • 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.
  • Pimentel, Alvaro Mendes, Catálogo de Moedas Brasileiras de 1643 a 1962, 9a Ed., Rio de Janeiro, 1962.
  • Ponterio, Richard, Kent Ponterio, Stewart Westdal and Ken Spindler, Ponterio sale 145: the N.Y.I.N.C. '08 sale featuring the Leslie Hannula Collection, San Diego, CA: Ponterio & Associates, 2007.

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