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    Description

    Semi-Mythical 1819 Bahia 4000 Reis - The First We Have Seen

    João VI gold 4000 Reis 1819-(B) MS63 NGC, Bahia mint, KM327.3, LMB-580, Gomes-28.01 (Rare), Bentes-436.01 (R3). Mintage: 1,864. Date between two crosses. It is genuinely a rare opportunity that we are able to offer a Brazilian coin of such mythical status as the 4000 Reis of 1819 struck at Bahia--a mint-date altogether missing from the RLM, Paulistana, and Santa Cruz collections, and one which we have been entirely unable to locate coming to auction in at least the last several decades. Minted during a period when gold was already decidedly scarce in the Bahia region of Brazil, the period of João's majority as King João VI saw an almost complete stagnation of the mint for gold coins, with this particular denomination struck for only two years, and then not again until 1825. Struck to a tiny fraction of the figure of the contemporary Rio mint--where 49,000 pieces were produced during this same year--the 1819 is undoubtedly the most challenging date of the whole 4000 Reis series, with a piece surviving in this quality usually an unimaginable occurrence. Of the utmost importance to all collectors of Brazilian coinage and certain to fill a long-time gap in even the most advanced of cabinets.

    Estimate: $30,000 - $50,000.

    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

    Proxy Bidding Ends
    November
    5th Thursday 5:50 pm CT
    Auction Dates
    November
    5th-6th Thursday-Friday
    Proxy Bidding Time Remaining
    16 Days 22h 28m 9s
    Bids + Registered Phone Bidders: 2
    Lot Tracking Activity: 19
    Page Views: 236

    Buyer's Premium per Lot:
    20% of the successful bid (minimum $19) per lot.

    This lot is in: 1 - Signature® Floor Session Platinum Night (Live Floor, Live Phone, Mail, Fax, Internet, and Heritage Live):
    (Lots 33001-33252) - 6:00 PM Central Time, Thursday, November 5, 2020.
    (Proxy bidding ends ten minutes prior to the session start time. Live Proxy bidding on Heritage Live starts 24 hours before the live session begins and continues through the session.)

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    Additional Location Info:
    Heritage Auctions
    2801 W. Airport Freeway
    Dallas, TX 75261



    Current Bid:
    $16,000
    Bid Protection
    w/ Buyer's Premium (BP) : $19,200.00 Minimum Next Bid: $16,500 ($19,800.00 w/ BP)
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