Brazil 1861 500 reis
The first specimen was lot 6501 in Stack's Bowers NYINC sale (New York, January 2022), where it sold for $288. The catalog description[1] noted, "BRAZIL. 500 Reis, 1861. Rio de Janeiro Mint. Pedro II. PCGS MS-65. An attractive and well struck example with full cartwheel luster. Presenting with an alluring russet toning that is mostly prominent near the peripheries. It is no surprise that this is the finest certified example at PCGS." This five hundred réis is one of a type struck in Brazil 1853-67. Most of the fourteen dates of the type are reasonably available; this one is common. 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.
Recorded mintage: unknown.
Specification: 6.375 g, 0.917 fine silver, .188 troy oz ASW.
Catalog reference: KM-464.
- 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.
- Amato, Claudio, Irlei S. Neves and Arnaldo Russo, Livro das Moedas do Brasil, 12a ed. Sao Paulo, 2008.
- [1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, The 2022 NYINC Sale: World and Ancient Coins, featuring the Mark and Lottie Salton Collection and the Pat Johnson Collection, Costa Mesa, CA: Stack's Bowers LLC, 2021.
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