Heritage World Coin Auctions
ANA Signature Sale 3048 11 August 2016
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Brazil
Pedro I gold 6400 Reis 1825-B MS63 NGC, Bahia mint, KM370.2, Russo-606. Choice Mint State with attractive incipient toning over strong underlying luster, and scattered surface handling marks preventing an even higher technical designation. Some flatness of strike present on the Emperor's cheek and the other highest points of the obverse as is the case on all the examples noted by the cataloguer, yet a very appealing coin for the assigned grade. The rendition as Roman emperor in the legendary "Coronation" piece 6400 Reis of 1822 apparently did not satisfy Pedro I, since a new type featuring a military bust was struck at Bahia and Rio de Janeiro starting the following year. The series struck in Rio (KM370.1, issued between 1823 and 1828), while very rare in their own right, are clearly a step below in rarity compared to the ones struck in Bahia. The latter constitute a short lived 3-year type (1825, 1826 and 1828) with the 1828 being the usually available date, typically in damaged condition (cf. the Norweb and Eliasberg coins, the latter being the only representative of the type in that legendary collection). One of the two finest seen of this rarity by the cataloguer and a worthy candidate for finest extant (the other being the ex. Norweb coin, lot #1071 in the Spink America 3/1997 sale), this unusually handsome example is also the finer of only two examples currently listed in NGC's census. As such, an immensely desirable representative of this very rare and iconic type, likely unsurpassable in this technical designation and surely deserving of a premium bid from the numismatic connoisseur.
Estimate: 15000-20000 USD
Pedro I gold 6400 Reis 1825-B MS63 NGC, Bahia mint, KM370.2, Russo-606. Choice Mint State with attractive incipient toning over strong underlying luster, and scattered surface handling marks preventing an even higher technical designation. Some flatness of strike present on the Emperor's cheek and the other highest points of the obverse as is the case on all the examples noted by the cataloguer, yet a very appealing coin for the assigned grade. The rendition as Roman emperor in the legendary "Coronation" piece 6400 Reis of 1822 apparently did not satisfy Pedro I, since a new type featuring a military bust was struck at Bahia and Rio de Janeiro starting the following year. The series struck in Rio (KM370.1, issued between 1823 and 1828), while very rare in their own right, are clearly a step below in rarity compared to the ones struck in Bahia. The latter constitute a short lived 3-year type (1825, 1826 and 1828) with the 1828 being the usually available date, typically in damaged condition (cf. the Norweb and Eliasberg coins, the latter being the only representative of the type in that legendary collection). One of the two finest seen of this rarity by the cataloguer and a worthy candidate for finest extant (the other being the ex. Norweb coin, lot #1071 in the Spink America 3/1997 sale), this unusually handsome example is also the finer of only two examples currently listed in NGC's census. As such, an immensely desirable representative of this very rare and iconic type, likely unsurpassable in this technical designation and surely deserving of a premium bid from the numismatic connoisseur.
Estimate: 15000-20000 USD