Brazil
João V gold 12800 Reis 1727-M XF Details (Cleaned) NGC, Minas Gerais mint, KM139, LMB-285. From a short-lived series of just seven dates (1727-33), the first year of issue for this hefty gold denomination based on the 8 Escudos. Although the surfaces do show evident cleaning, original luster still shines through in the recesses and at the margins, evenly worn so as to retain full detail to João's portrait with no areas of particular weakness. We offered an identically-graded example of this type in our April 2013 sale which realized $15,000 hammer, and we thus anticipate comparable excitement for the present piece.
From the Santa Cruz Collection
HID02901242017
Estimate: 6000-8000 USD