Brazil: João V gold 10000 Reis (1/2 Dobrão) 1724-M MS63 NGC,...

Description

Stunning Choice Half Dobrão In Key Date

João V gold 10000 Reis (1/2 Dobrão) 1724-M MS63 NGC, Minas Gerais mint, KM116 (Rare), LMB-244. An elusive date and a classic rarity of the entire colonial series noted in Livro das Moedas do Brasil as multiple times more valuable than the other three dates of this brief series and nearly twice as high value as the corresponding date of 20000 Reis. The current offering possesses the highest technical grade we have had the pleasure of handling and presently stands as the sole highest-graded example in the NGC census. A fabled marvel from the peak of the Brazilian gold rush, chiefly supplied by the small village of Vila Rica, which provided far more gold to the Portuguese in a few decades than all the gold mined in the Spanish Americas across several centuries. Boasting a bold strike and attractive sparkle to the legends, pointing to an impressive level of preservation and being safely tucked away for centuries. We last handled this date a year ago when an UNC Details (Cleaned) piece was dispersed from the Petropolis Collection, realizing $20,400 all in. Considering the superior quality of the significant specimen at hand, we anticipate this will be a hotly contested lot as a self-evident trophy piece destined for an elite cabinet of Brazilian gold.

Metal: Gold
Diameter: 32mm
Weight: 26.89g
AGW: 0.7927oz

More information about Brazilian Coins. See also: Brazil World Coin Nationality.



Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.

View Certification Details from NGC