Brazil 1912 500 reis KM-506
This specimen was lot 25223 in Heritage sale 61382 (Dallas, March 2024), where it sold for $468. The catalog description[1] noted, "Brazil: Republic 500 Reis 1912 XF40 NGC. Bust left variety. With only two examples of the type certified by NGC, this elusive offering is bested by a sole piece." Shown is a 500 réis of the United States of Brazil, of a type struck 1906-08, 1911-12. It was accompanied by similar 1000 réis and 2000 réis. The head right type (KM 509) was also struck in 1912 and is much more common. The denomination was abolished in 1942 with the reform of the coinage in that year. This example realized nearly six times the catalog value.
Recorded mintage: 2,000.
Specification: 5 g, 0.900 fine silver, 22 mm diameter, reeded edge, .144 troy oz ASW.
Catalog reference: KM 506, LMB-685.
- Amato, Claudio, and Irlei S. Neves, Livro das Moedas do Brasil, 14a ed. Sao Paulo, 2015.
- Pimentel, Alvaro Mendes, Catálogo de Moedas Brasileiras de 1643 a 1962, 9a Ed., Rio de Janeiro, 1962.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
- [1]Cristiano Bierrenbach, Warren Tucker and Sam Spiegel, 2024 March 3 Spotlight: Brazil, Portugal, and Portuguese Colonies World Coins Showcase Auction #61382, Dallas, TX: Heritage Auctions, 2024.
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