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Showcase Auction 61270  15 May 2022
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Lot 98198

Starting price: 1 USD
Price realized: 400 USD
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Brazil
Pedro II Counterstamped "Balastraca" of 400 Reis ND (1864-1870) XF, KM-B471, cf. LMB-671, cf. Bentes-603.01 (different stamp), Pratt-Unl. Host: Spanish Joseph Napoleon 4 Reales "De Vellón" 1811 in VF condition (cf. KM540.1); Counterstamp: Incuse "400". Livro das Moedas do Brasil only lists the punch with a non-incuse 400 Reis in an inner rectangle, the example offered being more similar to the 100 and 200 Reis incuse stamps listed by the authors.

A scarce issue, made during the Triple Alliance War (Paraguay War), during periods of siege and scarcity of coinage. In his 1908 "Catálogo da Collecção Numismática Brasileira", Augusto de Souza Lobo wrote that the Balastracas had ample circulation in the Brazilian southern provinces, one Balastraca being worth 400 Reis (the value of a Spanish Peseta, or a colonial 2 Reales; in this case, a 4 Reales "De Vellón", which weighed the same as the former). The complete coins were stamped 400 Reis, coins cut in 1/2 received the 200 Reis stamp and the 1/4's were stamped 100 Reis. He added that the reeded edges come from being fractioned with chisels, leading to cut pieces with very irregular weights.

https://coins.ha.com/itm/brazil/brazil-pedro-ii-counterstamped-balastraca-of-400-reis-nd-1864-1870-xf-/a/61270-98198.s?type=DA-DMC-CoinArchives-WorldCoins-61270-05152022

HID02906262019

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