Brazil 1892 10000 reis
This specimen was lot 23140 in Heritage sale 3030 (New York, January 2014), where it sold for $21,150. The catalog description noted, "Republic gold 10000 Reis 1892, MS62 NGC. A classic key date in both the 10,000 and 20,000 Reis series with mintages suggestive of higher survival rates, but circumstances that obviously led to few survivors. The present specimen, a lovely Mint State coin, is highlighted by pinpoint central detail and shimmering luster in the fields. Light hairlines in the obverse fields and an incomplete strike near the dentils explains the grade. An important coin in the RLM Collection and sure to attract significant attention from rarity lovers." This type, struck 1889-1922 during the early republic, is, with the 20000 réis, the last gold coin struck for circulation in Brazil. This date is unpriced in the SCWC. Most were retained in bank vaults as backing for paper currency and therefore circulated very little but commonly come heavily bagmarked.
Recorded mintage: 2,289.
Specification: 8.96 g, .917 fine gold, .264 troy oz AGW.
Catalog reference: KM 496, Russo-689, Fr-125.
- 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.