Heritage World Coin Auctions
NYINC Signature Sale 3098 18-19 Jan 2022
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Portugal
Pedro II Counterstamped 500 Reis ND (1698) XF40 NGC, Lisbon mint, KM438.1, LMB-102, Gomes-116.01. C/S (AU Strong). Type IV crowned "500" countermark, struck on a Portuguese João IV 400 Reis (Cruzado) from the Lisbon mint. An unusually large flan, at 42mm, of this curious issue, that consists of an older hammered coin, whose legends were later re-struck/milled by Pedro II. A visionary, Pedro was the one who modernized the minting process in Portugal, by experimenting with cast planchettes, different types of presses, and other minting techniques. What he did with the old Cruzados and 1/2 Cruzados of Afonso VI (his brother) and Joao IV (his father) was an attempt to transform a hammered coin into a milled one, respecting each type by minting the new legends with the respective name of the king who first struck them. Slate surfaces and encrusted crevices occupy the peripheries.
https://coins.ha.com/itm/portugal/portugal-pedro-ii-counterstamped-500-reis-nd-1698-xf40-ngc-/a/3098-34277.s?type=DA-DMC-CoinArchives-WorldCoins-3098-01182022
HID02906262019
© 2020 Heritage Auctions | All Rights Reserved
Estimate: 560-840 USD
Pedro II Counterstamped 500 Reis ND (1698) XF40 NGC, Lisbon mint, KM438.1, LMB-102, Gomes-116.01. C/S (AU Strong). Type IV crowned "500" countermark, struck on a Portuguese João IV 400 Reis (Cruzado) from the Lisbon mint. An unusually large flan, at 42mm, of this curious issue, that consists of an older hammered coin, whose legends were later re-struck/milled by Pedro II. A visionary, Pedro was the one who modernized the minting process in Portugal, by experimenting with cast planchettes, different types of presses, and other minting techniques. What he did with the old Cruzados and 1/2 Cruzados of Afonso VI (his brother) and Joao IV (his father) was an attempt to transform a hammered coin into a milled one, respecting each type by minting the new legends with the respective name of the king who first struck them. Slate surfaces and encrusted crevices occupy the peripheries.
https://coins.ha.com/itm/portugal/portugal-pedro-ii-counterstamped-500-reis-nd-1698-xf40-ngc-/a/3098-34277.s?type=DA-DMC-CoinArchives-WorldCoins-3098-01182022
HID02906262019
© 2020 Heritage Auctions | All Rights Reserved
Estimate: 560-840 USD