Brazil
Republic "Discovery Anniversary" 4000 Reis 1900 MS65 NGC, Rio de Janeiro mint, KM502.2, Elizondo-90, LMB-P680a. Variety with 20 rays around star. Highly popular as a type, and minted to commemorate the 400th anniversary of the discovery of Brazil by Pedro Alvares Cabral. Rarely seen in this conditional preservation, and with none graded finer, the offering exhibits a frosty and highly Prooflike salt-gray luster across the surfaces. For comparison, the Cape Coral, ex. Lissner example we offered August, also an MS65, brought $2280.
https://coins.ha.com/itm/brazil/republic-discovery-anniversary-4000-reis-1900-ms65-ngc-/p/3093-140002.s?type=DA-DMC-CoinArchives-WorldCoins-3093-10282021
HID02906262019
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Estimate: 1120-1680 USD