Brazil 1900 20000 reis
This specimen was lot 23167 in Heritage sale 3030 (New York, January 2014), where it sold for $3,290. The catalog description noted, "Republic gold 20000 Reis 1900, MS62 NGC. Well-struck with fewer than average marks of significance for the grade and bright luster. A coin with decidedly high-end eye-appeal as the adornment of light orange-red tone on the obverse really adds to the overall character." This type, struck 1889-1922 during the early republic, is, with the 10000 réis, the last gold coin struck for circulation in Brazil. It is much more available than its smaller sister. Most survivors are graded AU because of heavy bagmarks rather than wear.
Recorded mintage: 7,551.
Specification: 17.93 g, .917 fine gold, .528 troy oz AGW.
Catalog reference: KM 497, Russo-720.
- 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.