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Brazil: João V gold 20000 Reis (Dobrão) 1726-M UNC Details (Obverse Scratched) NGC,...
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Sold on Aug 18, 2024 for:
$7,200.00
Bid Source: Internet bidder
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Description
João V gold 20000 Reis (Dobrão) 1726-M UNC Details (Obverse Scratched) NGC, Minas Gerais mint, KM117, LMB-250. A visually expansive issue that displays incredibly well due to its size and the high-relief appearance of the raised motifs. This particular piece has a deep-golden tone that encompasses the surfaces, providing even more depth.Struck in the province of Vila Rica, where the Portuguese extracted most of the Brazilian gold, this short-lived issue departed from the duodecimal system that included 12,800 Réis coin as its largest denomination. Believed to be one of, if not the largest gold type ever struck for circulation purposes, it's undoubtedly an imposing piece.
Metal: Gold
Diameter: 37mm
Weight: 53.78g
AGW: 1.5855oz
Melt Value: $3,893.99
Gold Spot: $2,456/oz (08-16-2024)
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
2024 August 18 Spotlight: Brazil, Portugal, and Portuguese Colonies Featuring Selections from The Legado Collection Showcase Auction #61398 (go to Auction Home page)
Auction Dates
August, 2024
18th
Sunday
Internet/Mail Bids: 25
Lot Tracking Activity: N/A
Page Views: 497
Buyer's Premium per Lot:
20% of the successful bid per lot.
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