Brazil 1834-R 960 reis

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Heritage sale 3021, lot 20185
Brazil 1834R 960 reis rev Heritage 3021-20185.jpg

This specimen was lot 20185 in Heritage sale 3021 (New York, January 2013), where it sold for $30,550. The catalog description[1] noted, "One of the Rarest 960 Reis of Brazil Pedro II 960 Reis 1834-R, XF Details NGC (excessive surface hairlines), lightly cleaned. The diverse and vast collection of 960 Reis, the Brazilian Crown, has 3 dates that sit atop the most coveted coins by collectors, the 1809-R piece, which in business strike is unique, residing in the collection of the Brazilian Central Bank in Brasilia; the 1819-B, three known, all in private collections; and the 1834-R, the last date of issue of the 960 Reis, already in the empire of Pedro II. With a registered mintage of 154 pieces, we estimate that less than a dozen pieces exist today. Paulistan Collection piece (lot 20549, CICF 2010 Auction) realized $37,375 in VF35 NGC." This silver 960 réis was minted at the Rio mint 1832-34. These coins were usually struck over Spanish-American dollars but many other undertypes are known. This final type of 960 réis was struck for three years only in very small numbers.

Recorded mintage: 154.

Specification: 26.89 g, .896 fine silver, .775 troy oz ASW.

Catalog reference: KM 385, Russo-519.

Source:

  • [1]Bierrenbach, Cristiano, Warren Tucker and David Michaels, Heritage World and Ancient Coins Auction 3021, featuring the Cecil Webster, Richard P. Ariagno and Elizabeth McPhall Charters Collection, Dallas: Heritage Auction Galleries, 2012.
  • 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.

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