Heritage Auctions

Auction 3093  –  29 - 30 October 2021

Heritage Auctions, Auction 3093

Ancient and World Coins

Part 1: Fr, 29.10.2021, from 12:00 AM CEST
Part 2: Fr, 29.10.2021, from 5:00 PM CEST
Part 3: Fr, 29.10.2021, from 11:00 PM CEST
The auction is closed.

Description

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.

HID09801242017

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Price realized 60'000 USD
Starting price 15'000 USD
Estimate 30'000 USD
The auction is closed.
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