Brazil
João VI 960 Reis 1820-R XF Details (Surface Hairlines) NGC, Rio de Janeiro mint, KM326.1, Russo-478D. "Castelinho" variety with the engraver's initials "JAE" within the "0" of the denomination, listed in KM as "small castle". Struck over a Potosi 8 Reales 1818 PTS-PJ. Well detailed with limited high-point wear and light cleaning evidence in the fields. Rare in any grade and among the most sought after items in the extensive series of 960 Reis issues, thus very desirable despite the slight shortcomings noted on the insert.
Estimate: 2000-2500 USD