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Stack's Bowers & Ponterio
January 2020 NYINC Auction  17-18 Jan 2020
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Lot 21005

Starting price: 1500 USD
Price realized: 4400 USD
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BRAZIL. Brazil - Brazil - Mexico. 600 Reis, ND (1688). Pedro II. VERY FINE.
27.32 gms. cf.KM-19.1; cf.LDMB-P087; cf.Gomes-P2.38.01; cf.Prober-P-35. Issued by decree of 17 March 1688. Crowned globe countermark applied to the reverse of an undated (1634-63) Assayer P Mexico cob 8 Reales of Philip IV with previous crowned 600 Reis countermark (decree of 7 July 1663). Brazilian style tuliped edge applied sometime after 1688. An EXTREMELY RARE combination that seldom appears on the market, probably UNIQUE with the tuliped edge and the only example we are aware of. Both countermarks are deeply applied with good definition, the crowned 600 Reis countermark has a die crack beginning at the mid point at the base of the stamp through the middle "0" of the denomination terminating within the crown. An attractive example displaying lovely old cabinet tone with areas of brightness on the high points. A highly interesting example with lots of character certain to pique the interest of the specialist of Brazilian, Portuguese colonial or world countermark collectors.

It is interesting to note that the application of the tuliped edge is very reminiscent of the re-edging action taken in Brazil and Portugal for the denominations of 12,800 and 6,400 Reis (Lisbon, Bahia and Rio de Janeiro mints) which originally had oblique edge reeding. In 1731, it was ordered that all 12,800 and 6,400 Reis were to have their edges reapplied with a tulip design to prevent unscrupulous individuals from stealing gold and reapplying an oblique edge. In some cases remnants of the original oblique edge can be seen under the newly applied tuliped edge. Also of note is that an example of a US Regulated gold coin issued by Standish Barry of Baltimore, Maryland applied a similar type edge to a cast imitation of a 1739 Lima Peru cob 8 Escudos circa 1787-1800 (see our April 5, 2008 auction of the Louis E. Eliasberg Sr. Collection Lot # 3012).

Ex: Baldwin's Auction # 71 September 29, 2011 Lot # 1860 "The Alan Harley Collection".

Bought from Howard Simmons London, UK July 9, 1994.

Estimate: $2500.00- $3500.00

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