Portugal 1828 3200 reis

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Heritage sale 3037, lot 30481
photo courtesy Heritage Auction Galleries

This specimen was lot 30481 in Heritage sale 3037 (New York, January 2015), where it did not sell. The catalog description[1] noted, "Miguel I gold 3200 Reis 1828-(L) UNC Details (Surface Hairlines) NGC, Lisbon mint (no mintmark on coin), Mint State with light hairlines in the fields, but retaining considerable mint bloom and very attractive for the designation. A rare one-year type with only 242 pieces issued, of which few have survived this well-detailed. Quite desirable despite the blemishes noted in the insert." The 3200 réis or half peça was never struck in large numbers and this is a rare one year type tho priced lower than its larger brother (KM 388). The peça was revalued from 6400 réis to 7500 réis in 1826 so this coin would have jumped to 3750 réis. King Michael was a usurper who was finally driven out in 1834 in favor of his niece, queen Maria II.

Recorded mintage: 242.

Specification: 7.15 g, .917 fine gold, .210 troy oz AGW, 25 mm diameter.

Catalog reference: KM 387, Gomes-13.01.

Source:

  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1801-1900, 7th ed., Iola, WI: Krause Publications, 2012.
  • 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.
  • Alberto Gomes and Francisco Antonio Magro, Moedas Portuguesas e do Território Que Hoje é Portugal: Catálogo das Moedas Cunhadas para o Continentes e Ilhas Adjacentes, para os Territórios do Ultramar e Grão-Mestres Portugueses da Ordem de Malta, 6ª Edição, Lisbon: Associação Numismática de Portugal, 2013.
  • [1]Bierrenbach, Cristiano, Warren Tucker and Scott Cordry, Heritage Signature Auction 3037, featuring the Empire, the Santa Catarina, the Law and the Santa Maria Collections, Dallas, TX: Heritage Auction Galleries, 2014.

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