Stack's Bowers Galleries

January 2019 NYINC Auction  –  11 - 13 January 2019

Stack's Bowers Galleries, January 2019 NYINC Auction

Live Sessions: World Paper Money, Ancient Coins & World Coins

Part 1: Fr, 11.01.2019, from 8:00 PM CET
Part 2: Sa, 12.01.2019, from 12:30 AM CET
Part 3: Su, 13.01.2019, from 12:30 AM CET
The auction is closed.

Description

BRAZIL. 20000 Reis, 1727-M. Minas Gerais Mint. Joao V (1706-50). NGC MS-64.

Fr-33; KM-117; LDMB-O251; Gomes-106.04. A tremendous example of this massive gold issue (1.5855 oz AGW), perfectly struck and without evidence of planchet adjustments and exceptionally flashy throughout, showcasing fields that possess prooflike qualities with a trace of golden tone here and there 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 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.

Question about this lot?

Bidding

Price realized 22'000 USD
Starting price 9'000 USD
Estimate 15'000 USD
The auction is closed.
Feedback / Support