Brazil 1903 10000 reis

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Heritage sale 3030, lot 23146
photo courtesy Heritage Auction Galleries

This specimen was lot 23146 in Heritage sale 3030 (New York, January 2014), where it sold for $9,400. The catalog description[1] noted, "Republic gold 10000 Reis 1903, MS61 NGC. Yellow-gold with soft blushes of rose coloration in the centers. A rare date, and the first example we have been able to trace since the 1997 offering of Norweb's example (a jewelry piece). The only example certified by NGC to date and certainly among the finest known." 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 listed as fairly common in the SCWC despite the trifling mintage. Most were retained in bank vaults as backing for paper currency and therefore circulated very little but commonly come heavily bagmarked.

Recorded mintage: 391.

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

Catalog reference: KM 496, Russo-698, 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, 1901-2000, 42nd ed., Iola, WI: Krause Publications, 2014.
  • 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 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.

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