Brazil 1904 20000 reis

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Heritage sale 3030, lot 23171
Brazil 1904 20000 reis rev H3030-23171.jpg

This specimen was lot 23171 in Heritage sale 3030 (New York, January 2014), where it sold for $10,575. The catalog description[1] noted, "Republic gold 20000 Reis 1904, MS62 NGC. The fields are minimally marked for the grade with typical reflective obverse fields and reverse legends. A well struck example, and a key date in the series with a scant mintage that results in infrequent appearances on the market. Only the second example of the date we have offered and easily among the finest known. Yet another important coin from this most impressive RLM Collection offering." 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: 444.

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

Catalog reference: KM 497, Russo-724.

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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