Brazil 1863 20000 reis

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Heritage sale 3042, lot 29429
Brazil H3042-29429r.jpg

This specimen was lot 29429 in Heritage sale 3042 (Long Beach, September 2015), where it sold for $705. The catalog description[1] noted, "Pedro II gold 20000 Reis 1863 XF40 PCGS, Rio de Janeiro mint. Rather well detailed for the designation, with the expected handling evidence in the fields. A better date for this uncommon type, quite collectible in this unflawed preservation." This type, struck 1853-89, is the most common gold coin of the Empire. It is accompanied by gold 10000 réis (struck 1853-89) and 5000 réis (struck 1854-59). In 1889, the emperor was overthrown by a conspiracy of slave owners fearful of his advocacy of abolition. World public opinion forced the oligarchy to abolish slavery the next year anyway.

Recorded mintage: unknown but a better date.

Specification: 17.93 g, .917 fine gold, .528 troy oz.

Catalog reference: KM 468, Russo-683, Fr-121a.

Source:

  • 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.
  • [1]Cristiano Bierrenbach, Warren Tucker and David Michaels, Heritage World Coin Auction 3042, featuring the Read and Bob Bennett Collections, Dallas, TX: Heritage Auction Galleries, 2015.

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