Brazil 1827-R 960 reis
This specimen was lot 23323 in Heritage sale 3012 (Boston, August 2010), where it sold for $5,175. The catalog description noted, "Pedro I 960 Reis 1827R, XF45 NGC, lightly toned and attractive with bold details, struck over an earlier coin but with only faint ghosting visible. Rare date. From The Guariba Collection of Brazilian Coins." The overstamping of Spanish colonial pesos began with great enthusiasm in 1810 but was dwindling by the mid 1820's as the rising price of silver dried up the supply.
Recorded mintage: unknown but few.
Specification: 26.89 g, .896 fine silver, .775 troy oz ASW.
Catalog reference: KM368.1.
- Amato, Claudio, Irlei S. Neves and Arnaldo Russo, Livro das Moedas do Brasil, 12a ed. Sao Paulo, 2008.
- 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.
- Tucker, Warren, and Scott Cordry, Heritage Sale 3012: World Coins, Dallas, TX: Heritage Auction Galleries, 2010.