Portugal (1521-57) 10 cruzados Fr-24

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heritage sale 3037, lot 31266
Portugal H3037-31266r.jpg

This specimen was lot 31266 in Heritage sale 3037 (New York, January 2015), where it did not sell. The catalog description[1] noted, "Massive João III gold 10 Cruzados ND (1521-57) R-L XF45 NGC, Lisbon mint. Inverted 'D' variety. Obv. Crowned shield, with R-L at sides. Rev. Cross of Jerusalem. A great rarity and one of the largest early gold pieces, made partly to showcase the great wealth of Portugal, but also to help facilitate ever-growing maritime trade operations. Considering its size and commercial role, the present piece remains in an absolutely charming state. With legends fully presented on the flan, the centering couldn't be more ideal. The strike is also rather pleasing, with no device doubling and only a touch of trivial sharpness fade at some of the extreme edges. Marks, while present, blend seamlessly into the orange-gold surfaces, giving the piece the appearance often-times associated with the About Uncirculated grade. Legitimately one of the most historic issues of the period, its existence inspiring German trade competitors to adopt the name of 'Portugaloser' for its coinage of 10-ducat weight. An overall very exciting coin - the first we have offered!" This undated ten cruzados was minted during the reign of João III at Lisbon.

Recorded mintage: unknown.

Specification: 35 g, gold, this specimen 35.3 g.

Catalog reference: Fr-24var., Gomes-193.01.

Source:

  • 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.
  • Sáez Salgado, Javier, Moedas de Ouro de Portugal, 1185-1889, Lisbon, Numisma Leiloes, 2001.
  • 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]Bierrenbach, Cristiano, Warren Tucker and Scott Cordry, Heritage Signature Auction 3037, featuring the Empire, the Santa Catarina, the Law and the Santa Maria Collections, Dallas, TX: Heritage Auction Galleries, 2014.

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