Brazil 1824-R 320 reis
This silver 320 réis was minted at the Rio mint 1824-30. This coin would have traded for one-third of a Spanish American peso. The 1825-R occasionally turnes up but the other dates are all rare. The specimen was lot 20532 in Heritage sale 3009 (Chicago, April 2010), where it sold for $13,800. The catalog description noted, "Pedro I 320 Reis 1824R, F/VF, restruck on 'J' series 300 Reis. An exceedingly rare issue with a tiny mint of 642. There is likely less than a dozen in existence. Krause simply calls it 'Rare'."
Recorded mintage: 642.
Specification: 8.96 g, .917 fine silver, .264 troy oz ASW.
Catalog reference: KM 374, Russo 495.
- 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.
- Tucker, Warren, and Scott Cordry, Heritage Signature Auction 3009: World Coins, Dallas, TX: Heritage Auction Galleries, 2010.