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ANA Signature Sale 3075 15 Aug 2019
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Brazil
João Prince Regent gold Ingot of Sabara 1814 AU, Prober 1814-S-2885. 83mm. 30.8gm. In his extensive work of 1990 Kurt Prober writes about this piece, "the collector Roberto Monteiro purchased this bar in Lisbon for US$10,000 as reported in March of 1986". Prober's close friend and prominent Numismatist Hans Kochmann examined the bar in 1989. Cited in Prober's 1990 publication. The countermark of the Foundry presents an oval shield of Portugal with "SABARA" underneath.
Ex. The RLM Collection, Part II
The Minas Gerais (literally "General Mines") gold rush at the turn of the nineteenth century is the first such notable movement of population. The first recorded discovery of payable gold was made in 1693 by a bandeirante (literally "followers of the banner", Portuguese settlers and fortune seekers at the time) exploring the area surrounding the present town of Ouro Preto ("Black gold", an allusion to the dark color of the alluvial soils from which the gold was extracted). The discovery caused such a stir that by 1697, a significant portion of the Rio de Janeiro, São Paulo and Bahia populations had rushed to the site of the discovery, while the government in Lisbon had to implement legislation to prevent an en masse emigration to Brazil. The gold production in Brazil in the 18th century was such that it rivalled the entire Spanish Colonial one. By 1725, half of the population in Brazil resided in Minas Gerais. Initially, the Portuguese central government allowed the mining operations, provided the quinto (20% tax) was duly paid. This legislation was effective between 1700-1713 but, understandably, not popular. The law of February 11, 1719 authorized the much-needed creation of new casas de fundacao (foundries) in the New State and restablished the quinto for dust gold while forbidding the circulation of gold that was not melted and processed in the casa de fundacao. These measures aiming to tighten the control of the crown over the exploration resulted in the 1720 uprising in Vila Rica. Among the casa de fundicao, that of Sabara (the actual name was Casa de Intendência e Fundição do Ouro da Vila Real de Nossa Senhora da Conceição do Sabara) stands out based on its continuous operations since its early establishment (a letter of February 1731 testifies it was active then). The operation of gold melting and creation of the ingots was crafty and careful, each ingot accompanied by a detailed certificate or Guia, while the ingot itself also provided all relevant information, including the date, individual number ("2885" in this case), assayer, fineness, and weight.
https://coins.ha.com/itm/brazil/brazil-joao-prince-regent-gold-ingot-of-sabara-1814-au-/a/3075-32100.s?type=CoinArchives3075
HID02906262019
© 2019 Heritage Auctions | All Rights Reserved
Estimate: 40000-60000 USD
João Prince Regent gold Ingot of Sabara 1814 AU, Prober 1814-S-2885. 83mm. 30.8gm. In his extensive work of 1990 Kurt Prober writes about this piece, "the collector Roberto Monteiro purchased this bar in Lisbon for US$10,000 as reported in March of 1986". Prober's close friend and prominent Numismatist Hans Kochmann examined the bar in 1989. Cited in Prober's 1990 publication. The countermark of the Foundry presents an oval shield of Portugal with "SABARA" underneath.
Ex. The RLM Collection, Part II
The Minas Gerais (literally "General Mines") gold rush at the turn of the nineteenth century is the first such notable movement of population. The first recorded discovery of payable gold was made in 1693 by a bandeirante (literally "followers of the banner", Portuguese settlers and fortune seekers at the time) exploring the area surrounding the present town of Ouro Preto ("Black gold", an allusion to the dark color of the alluvial soils from which the gold was extracted). The discovery caused such a stir that by 1697, a significant portion of the Rio de Janeiro, São Paulo and Bahia populations had rushed to the site of the discovery, while the government in Lisbon had to implement legislation to prevent an en masse emigration to Brazil. The gold production in Brazil in the 18th century was such that it rivalled the entire Spanish Colonial one. By 1725, half of the population in Brazil resided in Minas Gerais. Initially, the Portuguese central government allowed the mining operations, provided the quinto (20% tax) was duly paid. This legislation was effective between 1700-1713 but, understandably, not popular. The law of February 11, 1719 authorized the much-needed creation of new casas de fundacao (foundries) in the New State and restablished the quinto for dust gold while forbidding the circulation of gold that was not melted and processed in the casa de fundacao. These measures aiming to tighten the control of the crown over the exploration resulted in the 1720 uprising in Vila Rica. Among the casa de fundicao, that of Sabara (the actual name was Casa de Intendência e Fundição do Ouro da Vila Real de Nossa Senhora da Conceição do Sabara) stands out based on its continuous operations since its early establishment (a letter of February 1731 testifies it was active then). The operation of gold melting and creation of the ingots was crafty and careful, each ingot accompanied by a detailed certificate or Guia, while the ingot itself also provided all relevant information, including the date, individual number ("2885" in this case), assayer, fineness, and weight.
https://coins.ha.com/itm/brazil/brazil-joao-prince-regent-gold-ingot-of-sabara-1814-au-/a/3075-32100.s?type=CoinArchives3075
HID02906262019
© 2019 Heritage Auctions | All Rights Reserved
Estimate: 40000-60000 USD