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    Description

    Brazil. Joao V 6400 Reis 1743-R. Rio mint. KM149. Choice XF. Clipped and re-edged. Weight slightly over 2 grains underweight for the British occupied New York standard of 9 dwt 3 grains (216.7 grains), over 4 grains short of the usual mid-18th century American standard of 9 dwt, 5 grains, though overweight by a fraction of a grain by the standard common after the American Revolution. Ably clipped circumferentially, leaving nubs of denticles from 10:00 to 7:00, re-edged in low rounded relief with a twin-leaf design. The edge from 7:00 to 10:00 was clipped a bit closer than elsewhere, leaving the edge mill unable to leave an impression in that area aside from upsetting the rims a bit. The surfaces are very attractive, with rich peripheral luster and excellent medium yellow gold toning. This is actually a very pretty early Half Joe. Our best guess is that this was clipped more than once, then finally taken down to something close to the post-Revolutionary standard in that era. At a point, the marginal advantage of taking the last .7 grains of gold, worth about a penny and a half (three coppers), is more work than it's worth. In 1784, three coppers bought ¾ pound of biscuits in Boston or would pay the toll to ferry a man and his horse across the Connecticut River.

    Provenance: Stack's sale of April 8, 1989, Lot 503.
    From the Edward Roehrs Collection of U.S. Regulated Gold.


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    Auction Dates
    August, 2010
    12th-16th Thursday-Monday
    Bids + Registered Phone Bidders: 1
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