Brazil 1850 1000 reis
This type was struck in Brazil 1849-52. The 1849 is rare; the other three dates of the type are reasonably available. It is part of the second reform of the coinage under the Empire; the first, in 1835, revalued the Spanish American peso from 960 réis to 1200 réis. The second reform of 1848 raised the peso to 2000 réis, where it remained until 1900. This specimen was lot 73723 in Stack's Bowers Collector's Choice sale (Costa Mesa, CA, February 2024), where it sold for $120. The catalog description[1] noted, "BRAZIL. 1000 Reis, 1850. Pedro II. PCGS AU-58. Deeply toned, with soft luster emerging from beneath, and only a touch of high-point friction apparent."
Recorded mintage: 169,000.
Specification: 12.75 g, 0.917 fine silver, .376 troy oz ASW.
Catalog reference: KM-459.
- Amato, Claudio, Irlei S. Neves and Arnaldo Russo, Livro das Moedas do Brasil, 12a ed. Sao Paulo, 2008.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
- Pimentel, Alvaro Mendes, Catálogo de Moedas Brasileiras de 1643 a 1962, 9a Ed., Rio de Janeiro, 1962.
- [1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, February 2024 World Collectors Choice Online Auction, Costa Mesa, CA: Stack's Bowers Galleries, Inc., 2024.
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