Brazil 1849 1000 reis

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Heritage sale 3032, lot 24203
Brazil 1849 1000 reis rev H3032-24203.jpg

This 1000 réis is the key date of a type struck in Brazil 1849-52. The other three dates of the type are reasonably available. It is part of the second reform of the coinage under the Empire; the first, in 1835, revalued the Spanish American peso from 960 réis to 1200 réis. The second reform of 1848 raised the peso to 2000 réis, where it remained until 1900. This specimen was lot 24203 in Heritage sale 3032 (Chicago, April 2014), where it sold for $1,468.75. The catalog description[1] noted, "Pedro II 1000 Reis 1849, Rio de Janeiro mint, XF40 NGC. Limited wear but an attractive specimen with no defects and old toning. With a small mintage of 965 pieces, this is by far the rarest date of this type. This unflawed coin should attract strong interest."

Recorded mintage: 965.

Specification: 12.75 g, .917 fine silver, .376 troy oz ASW.

Catalog reference: KM 459, Russo-P566.

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.
  • [1]Bierrenbach, Cristiano, Warren Tucker and David Michaels, Heritage World and Ancient Coins Auction 3032, Dallas, TX: Heritage Auction Galleries, 2014

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