Brazil 1916 10000 reis
This specimen was lot 23154 in Heritage sale 3030 (New York, January 2014), where it sold for $12,337.50. The catalog description noted, "Republic gold 10000 Reis 1916, MS65 NGC. An immaculate Gem with gorgeous, semi-reflective luster, nearly pristine surfaces and a fully detailed strike. The only MS65 (with none finer) graded by NGC or PCGS for the date...and the series. A true condition rarity!" 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: 4,720.
Specification: 8.96 g, .917 fine gold, .264 troy oz AGW.
Catalog reference: KM 496, Russo-707, 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, 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.
- 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.