LOT #23163 |
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Brazil: Pedro I 37-1/2 Reis 1827-M AU55 Brown NGC,...
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Sold on May 21, 2023 for:
$2,640.00
Bid Source: HA.com/Live bidder
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Description
Pedro I 37-1/2 Reis 1827-M AU55 Brown NGC, Minas Gerais mint, KM362, LMB-729. A prime selection of this coveted and whimsical denomination known to Brazilian type collectors as the "gold Vintém". Due to a lack of a smaller denomination which could facilitate the exchange of gold dust, the Portuguese crown came up with a solution: creating a coin worth 1/32 of the period gold ounce, therefore minimizing the tax evasion due to a lack of change during tax collection.Metal: Copper
Weight: 7.17g
More information about Brazilian Coins. See also: Brazil World Coin Nationality.
Auction Info
2023 May 21 Spotlight: Brazil, Portugal, and Colonies World Coins Showcase Auction #61317 (go to Auction Home page)
Auction Dates
May, 2023
21st
Sunday
Internet/Mail Bids: 19
Lot Tracking Activity: N/A
Page Views: 317
Buyer's Premium per Lot:
20% of the successful bid per lot.
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Terms and Conditions | Bidding Guidelines and Bid Increments | Glossary of Terms | Ancient Coins Grading Tutorial
World and Ancient Coin Bibliography