Heritage Auctions

Auction 61398  –  19 August 2024

Heritage Auctions, Auction 61398

World Coins - Brazil, Portugal, and Portuguese Colonies Featuring Selections ...

Mo, 19.08.2024, from 2:00 AM CEST
The auction is closed.
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Description

João VI 37-1/2 Reis 1821-M VF Details (Surfaces Smoothed) PCGS, Minas Gerais mint, KM317.1, LMB-551. The "gold Vintém" was created due to a lack of a smaller denomination which could facilitate the exchange of gold dust, leading the Portuguese crown to come up with a solution: a coin worth 1/32 of the period gold ounce, therefore minimizing the tax evasion due to a lack of change during tax collection. HID09801242017 © 2024 Heritage Auctions | All Rights Reserved

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Price realized 310 USD
Starting price 1 USD
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