Brazil (1663) 250 reis

Heritage sale 3009, lot 20346

image courtesy Heritage Auction Galleries

Heritage sale 3012, lot 23142

from the Mountain Groan Collection

This silver 250 réis was counterstamped in Brazil about 1663. The first specimen was lot 20346 in Heritage sale 3009 (Chicago, April 2010), where it sold for $431.25. The catalog description^[1] noted, "João IV 2S0 Reis Countermark on Portuguese 200 Reis (Porto), better Fine." The second specimen was lot 23143 in Heritage sale 3012 (New York, January 2011), where it sold for $747.50. The catalog description^[2] noted,

"Pedro II Crowned 250 (Reis) Counterstamped on a Portugal 1/2 Cruzado of João IV Porto (Decree of 1688), choice toned VF+ countermark and host coin, a most attractive example of this revalued coinage. On this variety the 250 is expressed as 2S0."

This type is rare; it is listed in the SCWC as a "type IV" countermark. In 1695 mints were opened in Brazil, obviating the need for countermarks.

Recorded mintage: unknown.

Specification: silver.

Catalog reference: KM 33.3, Russo 26.

Source:

Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1601-1700, 6th ed., Iola, WI: Krause Publications, 2014.
Pimentel, Alvaro Mendes, Catálogo de Moedas Brasileiras de 1643 a 1962, 9a Ed., Rio de Janeiro, 1962.
Amato, Claudio, and Irlei S. Neves, Livro das Moedas do Brasil, 14a ed. Sao Paulo, 2015.
Alberto Gomes and Francisco Antonio Magro, Moedas Portuguesas e do Território Que Hoje é Portugal: Catálogo das Moedas Cunhadas para o Continentes e Ilhas Adjacentes, para os Territórios do Ultramar e Grão-Mestres Portugueses da Ordem de Malta, 6ª Edição, Lisbon: Associação Numismática de Portugal, 2013.
^[1]Tucker, Warren, and Scott Cordry, Heritage Signature Auction 3009: World Coins, Dallas, TX: Heritage Auction Galleries, 2010.
^[2]Tucker, Warren, and Scott Cordry, Heritage Signature Auction 3012: World Coins, Dallas, TX: Heritage Auction Galleries, 2010.

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Brazil (1663) 250 reis

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