Brazil 1859 10000 reis
This specimen was lot 23120 in Heritage sale 3030 (New York, January 2014), where it sold for $3,818.75. The catalog description noted, "Pedro II gold 10000 Reis 1859, XF Details - Repaired, Cleaned NGC. The unquestioned king of this long-lived series, that despite a mintage higher than many other dates, has yielded fewer survivors as a result of a limited mint release or heavy exportation and subsequent melting. A far from perfect example that was likely a one-time jewelry piece, but should remain an item of extreme importance to the collector that values the rarity found in key dates." This type, struck 1853-89, is a fairly common gold coin of the Empire. It is accompanied by gold 20000 réis (struck 1853-89) and 5000 réis (struck 1854-59). In 1889, the emperor was overthrown by a conspiracy of slaveowners fearful of his advocacy of abolition. World public opinion forced the oligarchy to abolish slavery the next year anyway.
Recorded mintage: 16,000.
Specification: 8.96 g, .917 fine gold, .264 troy oz.
Catalog reference: KM 467, Russo-649.
- Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 7th ed., Clifton, NJ: Coin and Currency Institute, 2003.
- 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.
- Bierrenbach, Cristiano, Warren Tucker and David Michaels, Heritage World and Ancient Coins Auction 3030, featuring the RLM Collection, the Isaac Rudman Collection, the Hans Cook Collection and the Collection of Donald E. Bently, Dallas, TX: Heritage Auction Galleries, 2013.