Heritage Auctions

Auction 3109  –  17 - 20 August 2023

Heritage Auctions, Auction 3109

Ancient and World Coins

Part 1: Th, 17.08.2023, from 9:00 PM CEST
Part 2: Fr, 18.08.2023, from 12:00 AM CEST
Part 3: Fr, 18.08.2023, from 5:00 PM CEST
Part 4: Fr, 18.08.2023, from 11:00 PM CEST
Part 5: Sa, 19.08.2023, from 5:00 PM CEST
Part 6: Sa, 19.08.2023, from 11:00 PM CEST
The auction is closed.

Description

Pedro I 37-1/2 Reis 1828-M AU55 Brown NGC, Minas Gerais mint, KM362, LMB-730. Final year of issue. An enticing survivor 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. The present offering displays near-immaculate surfaces with a balanced strike and red crevices. Ex. Heritage Auction #3013 (January 2011, Lot 27387) HID09801242017 © 2023 Heritage Auctions | All Rights Reserved

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Price realized 850 USD
Starting price 500 USD
The auction is closed.
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