Brazil
João V gold 3200 Reis 1727-R MS60 NGC, Rio de Janeiro mint, KM131, LMB-186. An extreme rarity of the Brazilian numismatic series, hardly ever offered at auction. Only four examples of this year have been graded by either NGC or PCGS, one graded F, one XF and one more highly certified than this piece at MS62. However, the present specimen appears if anything conservatively graded, and with impeccable aesthetic appeal. The planchet has a slightly matte effect with subdued luster, the detail to João's portrait immensely bold and satisfying, no wear evident whatsoever and very sharply struck. We have only ever handled one other example of this type graded F15 which realised $16,450 in our April 2013 sale; accordingly, this amazing specimen 45 grade points higher is sure to attract far greater attention from dedicated type collectors.
From the Santa Cruz Collection
HID02901242017
Estimate: 30000-50000 USD