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Brazil: Joao V gold 12800 Reis 1727-B,...

2013 April 18-19 & 22-23 CICF World & Ancient Coins Signature Auction - Chicago #3024

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Offers to date: $23,000 on May 10, 2013
$23,000 on May 6, 2013
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Auction Ended On: Apr 18, 2013
Item Activity: 4 Internet/mail/phone bidders
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Location: Crowne Plaza Hotel
5440 N. River Rd.
Rosemont, IL 60018

Joao V gold 12800 Reis 1727-B, KM141, Russo-085, Gomes-134.01, XF Details NGC, Cleaned. Flan slightly bent. 1st Shield Type. Signs of original rims (corda). Softer strike on the bust but vivid on the legends, date and reverse. First year of issue.

In addition to his campaign with the Vatican, King Joao V was a great sponsor of the arts and sciences. Numismatic author Maria Cristina Moraes observes that "the Baroque was the perfect means for a King whose ostentatious ideology was clear, for a King seeking absolute monarchy"", writes Moraes. "French king Louis the XIV was his perfect paradigm, he was greatly influenced by the theatrics of the French Royals." Fortunately for us numismatists, the King's grandeur, resulted in some of the most beautiful design and strikes of the early 18th century in the Americas.

In legislation of April of 1722, the King ordered the minting of dobras of 8 Escudos (12$800). The monarch's bust was designed by the most prominent Portuguese artist of the time, Vieira Lusitano. Although all Dobras were based on Lusitano's design, local assayers had their own interpretation of the design and the King's bust varies in type as new dies were opened. 

The diversity of the Dobras struck in Brazilian mints often makes one forget how a short-lived series was with only of only seven dates (1727-1733). There are 24 type-dates that were produced in the mints of Minas (M), Bahia (B) and Rio (R) of which the RLM Collectin has 22. Overdates, original rim (corda) specimens and other varities are also featured. A truly outstanding set for rarity depth.
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