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January Signature Sale 3089  21-22 Jan 2021
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Lot 31096

Starting price: 7500 USD
Price realized: 34 000 USD
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Brazil
Pernambuco. Dutch Colony - Geoctroyeede West-Indische Compagnie (GWC) gold Klippe 6 Guilders (Florins) 1646 MS62 NGC, KM6.2 (Rare; same dies), LMB-004 var. (there, with lozenge after BRASIL), Bentes-6.02 (R3), Scholten-1448 (RRR). Variety without punctuation after BRASIL (just a small die cud) or VI. A stunning presentation of one of the most challenging issues of colonial Brazil, notoriously plagued by a typically low quality of production that often results in uneven flans and poor centering. Remarkably this piece, while still admitting noticeable die strain in the struck features, appears admirably centered on a sharply squared-off flan with very minimal marks--just a few very faint scratches exist around the SIL of BRASIL, which, though likely bounding the grade, are rather innocuous to the eye. Apparently struck from the same dies, in an earlier state, as the Julius Meili specimen, though likely nicer than that piece, we have only ever offered a single representative ranking a point finer, clearly indicating the rarity of survivors in this grade.

During the period of Dutch colonization of Brazil (1630-1654), three gold Klippe denominations--of 3, 6, and 12 Guilders--were minted in the Captaincy of Pernambuco for use within Brazil, beginning in October 1645 under the supervision of mintmaster Pieter Janssen Bas. However, these issues were not legal tender in the Netherlands, and thus any such pieces that made their way to Europe were exchanged for Dutch Guilders and subsequently melted. Additionally, any such pieces remaining in Brazil after 1654, when the Dutch were finally ousted from South America, would have been melted, as after this period any Portuguese or Brazilian found with a Dutch coin ran the risk of being considered a traitor and hanged. As a consequence, the survival of such pieces at all, let alone in Mint State, is extremely uncommon, marking a special opportunity not to be missed by collectors of the Dutch colonial and Brazilian series alike.

Ex. Heritage Auction #3046 (April 2016, Lot 29523)

https://coins.ha.com/itm/brazil/brazil-pernambuco-dutch-colony-geoctroyeede-west-indische-compagnie-gwc-gold-klippe-6-guilders-florins-1646-ms/a/3089-31096.s?type=CoinArchives3089

HID02906262019

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Estimate: 15000-25000 USD
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