Brazil 1828-C 40 reis

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from the Mountain Groan Collection
Brazil 1828C 40 reis rev DSLR.jpg
from the Razorback Collection
both the coin and the counterstamp are likely counterfeit

This specimen was struck for Brazil at the Cuiaba mint in 1828. The minting of copper forty réis began in 1693 and continued until 1832, well after independence. The forty réis was the same size as that of the old twenty réis. This type was struck at Bahia 1824-30, Cuiaba 1823-31, Goias 1823-30 and Rio 1823-31. Counterfeits are numerous, particularly of the Bahia issues, which were cruder than Rio issues.

By the 1830's, so many had been issued that the public began to refuse them. In 1835, the government called them in and countermarked them to half their former value to increase their acceptance. Private and counterfeit countermarks also exist, making this series confusing but fascinating to collect.

Recorded mintage: unknown but not rare.

Specification: copper.

Catalog reference: KM 364.1 (without countermark), KM 427.1 (with coutermark).

Source:

  • 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.

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