Brazil (Minas mint), 20,000 reis, Joao V, 1724-M, encapsulated NGC AU 55. Russo-249; KM-117. First year and key date of this popular type as the largest legal-tender gold coin struck in colonial Americas, and struck for only four years (1724-1727) at just one mint (Minas), this specimen with deep red toning on very clean fields, minor adjustment marks near parts of rims.
($7000-10000)