Heritage World Coin Auctions
NYINC Signature Sale 3071 6-7 Jan 2019
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Brazil
Pedro I gold 6400 Reis 1825-B MS64+ NGC, Bahia mint, KM370.2, Russo-606. 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).
This specific coin is the pinnacle of the 1825 Bahia-minted issue, with not a single other example matching it at either NGC or PCGS, even in a lower base grade of MS64. The closest example, an MS63, we sold in our August 2016 Anaheim Signature Sale (#3048, Lot #32173) for $28,200 all-in. Though not formally granted the designation, the current offering appears prooflike, exhibiting glassy fields with discernible reflectivity to several inches and a glowing bust that stands in stark contrast against the surrounding darker fields. Nearly every detail is rendered to the utmost clarity, even the individual curls on Pedro's figure clearly defined against one another. A stunning example, one that fully deserves its near-gem grade and the full attention of the advanced Brazilian collector.
Ex. Santa Cruz Collection
HID02901242017
Estimate: 25000-35000 USD
Pedro I gold 6400 Reis 1825-B MS64+ NGC, Bahia mint, KM370.2, Russo-606. 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).
This specific coin is the pinnacle of the 1825 Bahia-minted issue, with not a single other example matching it at either NGC or PCGS, even in a lower base grade of MS64. The closest example, an MS63, we sold in our August 2016 Anaheim Signature Sale (#3048, Lot #32173) for $28,200 all-in. Though not formally granted the designation, the current offering appears prooflike, exhibiting glassy fields with discernible reflectivity to several inches and a glowing bust that stands in stark contrast against the surrounding darker fields. Nearly every detail is rendered to the utmost clarity, even the individual curls on Pedro's figure clearly defined against one another. A stunning example, one that fully deserves its near-gem grade and the full attention of the advanced Brazilian collector.
Ex. Santa Cruz Collection
HID02901242017
Estimate: 25000-35000 USD