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Heritage World Coin Auctions
Signature Sale 3029  14-16 January 2014
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Lot 30026

Estimate: 3000 USD
Price realized: 6000 USD
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Brazil
Selections from the Eric P. Newman Collection of World Coins. Pedro I gold 4000 Reis 1824-R, KM369.1, MS64 NGC. Struck during the second year of the newly established Empire of Brazil after it gained its independence from Portugal. A most impressive representative, coined at the Rio de Janeiro Mint and accompanied by rich frosty luster and bold coloration. Contact marks remain extremely limited. Some reverse striking bluntness, as is often encountered on the type, is evident on the left portion of the crossed globe. A coin that currently sits alone as the finest graded for the date in the NGC population report.Ex: "Colonel" E.H.R. Green; Green Estate' Partnership of Eric P Newman / B.G. Johnson. Krause catalog price(s) for this item: $500 in VF, $725 in EF, $1300 in UNC.

Estimate: 3000-4000 USD
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