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Brazil: João V gold 6400 Reis 1729-B UNC Details (Scratches) NGC,...
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Sold on Oct 28, 2021 for:
$72,000.00
Bid Source: HA.com/Live bidder
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Description
Superb Discovery Piece - One of Only Three Known Examples
João V gold 6400 Reis 1729-B UNC Details (Scratches) NGC,
Bahia mint, cf. KM137 (for shield type, date unlisted),
Prober-Unl., Gomes-Unl., LMB-94A (three examples known),
Bentes-Unl. Second Shield type. An incredible series rarity that
has only recently become publicly recognized and since featured on
the 16th edition cover of Livro das Moedas do Brasil. As
recently as the 15th edition of this standard Brazilian reference,
the 1729-B "Second Shield" 6400 Reis remained unlisted, while the
latest edition states that only three examples are known. This
statement matches our own knowledge of the number of examples
extant, rendering the offering as one of incredible importance to
all advanced collectors of Brazilian gold coinage. In fact, it may
therefore be said that this previously undocumented discovery piece
represents a tremendous opportunity that has hitherto been, quite
literally, unachievable.A subtle texturing to the surfaces is indicative of exposure to saltwater. Yet, the devices appear as sharp as when the coin was struck nearly three centuries ago--with João's hair curls and equally crisps legends yielding an impression of clarity that exceeds the example displayed on the cover of Livro das Moedas do Brasil. Isolated scratches are noted in the upper left quadrant of the reverse, but the offering is otherwise free of individually significant marks or serious signs of handling. All said, the rarity of this specimen cannot be overstated, and we are excited to play a small part in an unfolding story as this intriguing treasure reaches the auction block for the very first time, thereby making history.
Metal: Gold
Diameter: 32mm
Weight: 14.3436g
AGW: 0.4229oz
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.
Auction Info
2021 October 28 - 29 World & Ancient Coins Signature® Auction #3093 (go to Auction Home page)
Auction Dates
October, 2021
28th-29th
Thursday-Friday
Bids + Registered Phone Bidders: 12
Lot Tracking Activity: N/A
Page Views: 1,258
Buyer's Premium per Lot:
20% of the successful bid per lot.
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