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Lot
23269

Brazil: Joao VI gold 4000 Reis 1820(B),...

2012 September 6-11 Signature World & Ancient Coin Auction - Long Beach #3020

 
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Auction Ended On: Sep 6, 2012
Item Activity: 3 Internet/mail/phone bidders
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Location: Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Description:
Major Brazilian Gold Rarity
Joao VI gold 4000 Reis 1820(B), KM327.3, Russo-581, MS62 NGC, lightly toned with exceptionally bold design features, struck at the Bahia Mint without mintmark. This piece lists simply as "Rare" or "Extremely Rare" in every reference material we consulted including Krause, Russo, Gomez, Salgado, Prober and others. Missing from Eliasberg, Norweb and most importantly Carlos Costa's collection which now sits at the Banco Espirito Santo Museum. The only record we know of a 1820 Bahia 4000 Reis is from the Thomas Faistauer collection sold by Hess-Divo in the 1990's (which may well be this very coin). In any event, this is a major gold rarity struck in Brazil just at the dawn of its independence a couple of years later. Adding to the incredible appeal of this coin, of course, is that it is in mint state condition. Krause catalog price(s) for this item: $2250 in VF, $3750 in EF, $5300 in UNC.

Please note: Many Krause World Coin catalog prices are updated infrequently. Therefore this information is offered to bidders as a time-saving convenience only. Some Krause prices may be outdated and/or inaccurate due to fluctuating markets, newly discovered hoards, data entry errors (whether on Krause's part or ours) or other factors.

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