BRAZIL

Amazing Near-Gem 1727-M 20000 Reis From a Population at NGC of Just 2, None Finer

BRAZIL. 20000 Reis, 1727-M. Minas Gerais Mint. Joao V. NGC MS-64.

Fr-33; KM-117; LDMB-O251; Gomes-106.04. A tremendous, breathtaking example of this massive issue with over 1.5 oz of gold. It stands as perfectly struck, free from any planchet adjustments, and remains exceptionally flashy throughout, showcasing fields that possess prooflike qualities with a trace of golden tone that further emboldens the appearance. Awe-inspiring in hand, this piece boasts a potent combination of heft and eye appeal. An absolutely special coin, fully worthy of its highest graded status and sure to elicit significant excitement from the type collector that demands only the finest. Struck at the height of the Portuguese overseas trade empire, largely due to the Brazilian diamond and gold deposits that provided Portugal (and King Joao V) with substantial profits. Speculation has it that Portugal collected more gold from Brazil in a few decades than Spain took from the rest of Central and South America over 400 years.

From the Steve Studer Collection.

Estimate: $18000.00- $24000.00