Brazil 1899 10000 reis

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Heritage sale 3021, lot 20194
Brazil 1899 10000 reis rev Heritage 3021-20194.jpg

This specimen was lot 20194 in Heritage sale 3021 (New York, January 2013), where it sold for $14,687.50. The catalog description[1] noted, "Republic gold 10000 Reis 1899, MS62 NGC, fully lustrous with a few contact marks and some obverse die polishing lines. Very rare date with a mintage of 238." 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 rare. Most were retained in bank vaults as backing for paper currency and therefore circulated very little but commonly come heavily bagmarked.

Recorded mintage: 238.

Specification: 8.96 g, .917 fine gold, .264 troy oz AGW.

Catalog reference: KM 496, Fr-125.

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]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.

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