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Showcase Auction 61317  21 May 2023
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Lot 23081

Starting price: 1 USD
Price realized: 360 USD
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Brazil
João Prince Regent "São Paulo" 960 Reis 1816-B MS61 NGC, Bahia mint, cf. KM307.1, cf. LMB-401. "Suposta para São Paulo" issue. Overstruck on a Spanish Colonial 8 Reales. Certainly one of the finest survivors of these coveted parallel issues. Showing finely struck peripheries with luminous crevices and a pleasing old cabinet tone.

A whimsical "parallel" issue, believed to have been made for the São Paulo Province. According to Nogueira da Gama's "Paralelas" do Rio sob D. João P. Regente, the diffuse and heterogenic currency present in early XIX century Brazil led both mint workers and bankers/silversmiths to unofficially overstrike foreign hosts in attempts to contribute to the high demand of coined silver and to evade the Crown's taxes. Da Gama narrates that these "São Paulo" types are amongst the most prominent and recognized form of such contraband. Die engravers' aims to mimic Rio dies' features turned out too crude, so they re-engraved the mintmark R into a B.

https://coins.ha.com/itm/brazil/brazil-joao-prince-regent-sao-paulo-960-reis-1816-b-ms61-ngc-/a/61317-23081.s?type=DA-DMC-CoinArchives-WorldCoins-61317-05212023

HID02906262019

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