Brazil 1912 20000 reis
The first specimen was lot 23177 in Heritage sale 3030 (New York, January 2014), where it sold for $2,820. The catalog description[1] noted, "Republic gold 20000 Reis 1912, MS62 NGC. Fully defined with moderate handling in the obverse fields and central motifs and fully Choice reverse surfaces. A scarcer date than the mintage of 4,878 might suggest." The second specimen was lot 30682 in Heritage sale 3073 (Chicago, April 2019), where it sold for $3,120. The catalog description[2] noted, "Republic gold 20000 Reis 1912 MS63+ NGC. Minor hairlines are the sole detraction to this otherwise charming example, with above-average definition to Liberty's portrait, reflective fields and overall pleasing crispness to the designs. Presumably one of the earlier-struck pieces of the 4,878 pieces produced in this year. From the Santa Cruz Collection." This type, struck 1889-1922 during the early republic, is, with the 10000 réis, the last gold coin struck for circulation in Brazil. It is much more available than its smaller sister. Most survivors are graded AU because of heavy bagmarks rather than wear.
Recorded mintage: 4,878.
Specification: 17.93 g, 0.917 fine gold, .528 troy oz AGW.
Catalog reference: KM 497, Russo-731, Fr-124.
- Amato, Claudio, and Irlei S. Neves, Livro das Moedas do Brasil, 14a ed. Sao Paulo, 2015.
- Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 9th ed., Clifton, NJ: Coin and Currency Institute, 2017.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
- Pimentel, Alvaro Mendes, Catálogo de Moedas Brasileiras de 1643 a 1962, 9a Ed., Rio de Janeiro, 1962.
- [1]Bierrenbach, Cristiano, Warren Tucker and David Michaels, Heritage World and Ancient Coins Auction 3030, featuring the RLM Collection, the Isaac Rudman Collection, the Hans Cook Collection and the Collection of Donald E. Bently, Dallas, TX: Heritage Auction Galleries, 2013.
- [2]Bierrenbach, Cristiano and Warren Tucker, Heritage World and Ancient Coins Auction 3073, featuring the Lake County Collection of British coins, Dallas, TX: Heritage Auction Galleries, 2019.
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