Brazilian Rarities Lead $8.8+ Million Heritage World Coin CICF Auction
Posted on 5/15/2012
[DALLAS, TX] – Two Brazilian coins, a Pedro I gold 6400 Reis 1822-R Coronation Piece, and a Joao VI (as King) gold 6400 Reis 1822-R, took top dollar realizing $138,000 in our $8.8+ Million World & Ancient Coins CICF Auction, which took place in Chicago April 25-May 1. All prices include a 15% Buyer's Premium.
The Pedro I coin, the famed "Coronation Piece", is undoubtedly the most important and charismatic piece of Brazilian numismatics. This issue, made in a hurry to be presented to guests of honor at his Inauguration Ball on December 1, 1822, consisted of only 64 pieces, of which 10-12 are known today, mostly in museums. The sale price of $138,000 easily outdistanced the pre-auction estimate of $80,000-$100,000.
The Joao VI Coin, the last issue of colonial Brazil before independence, is so rare that most reference catalogs, rather than giving a value, list it as "Rare" or "RRR". This near-mint example, a nicely struck coin with lustrous surfaces, also realized $138,000 against a pre-auction estimate of $80,000-$100,000.
Just a few of the many other highlights in this auction included:
- Brazil: Maria I & Pedro III gold 6400 Reis 1777-B, KM199.1, AU53 NGC. Sold for: $80,500.
- Great Britain: Charles I gold Triple Unite 1643, S-2727, N-2382, Oxford Mint, Plume initial mark, VF35 NGC. Sold for: $69,000.
- Brazil: Joao V gold 6400 Reis 1734-M, KM135, AU55 NGC. Sold for: $57,500.
- Greece: Constantine I silver Essai 2 Drachmai 1915, KM-E35, Divo-P98, Proof 64 NGC. Sold for: $57,500.
- Manchurian Provinces. Dollar Year 33 (1907), KM-Y212, L&M-487, MS62 NGC. Sold for: $48,875.
- Brazil: Jose I copper 40 Reis 1752, KM184.1, VF Details NGC. Sold for: $43,125.
- Australia: George V gold Sovereign 1921M, KM29, MS62 NGC. Sold for: $34,500.
- Great Britain: Victoria Pattern gold Sovereign 1837, Young Head, plain edge, WR-295, PR63 Ultra Cameo NGC. Sold for: $32,200.
For more prices realized from this auction, please visit the Permanent Auction Archives.
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