Heritage World Coin Auctions
Showcase Auction 61317 21 May 2023
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Brazil
Pedro I 37-1/2 Reis 1827-M AU55 Brown NGC, Minas Gerais mint, KM362, LMB-729. A prime selection of this coveted and whimsical denomination known to Brazilian type collectors as the "gold Vintém". Due to a lack of a smaller denomination which could facilitate the exchange of gold dust, the Portuguese crown came up with a solution: creating a coin worth 1/32 of the period gold ounce, therefore minimizing the tax evasion due to a lack of change during tax collection.
https://coins.ha.com/itm/brazil/brazil-pedro-i-37-1-2-reis-1827-m-au55-brown-ngc-/a/61317-23163.s?type=DA-DMC-CoinArchives-WorldCoins-61317-05212023
HID02906262019
© 2022 Heritage Auctions | All Rights Reserved
Pedro I 37-1/2 Reis 1827-M AU55 Brown NGC, Minas Gerais mint, KM362, LMB-729. A prime selection of this coveted and whimsical denomination known to Brazilian type collectors as the "gold Vintém". Due to a lack of a smaller denomination which could facilitate the exchange of gold dust, the Portuguese crown came up with a solution: creating a coin worth 1/32 of the period gold ounce, therefore minimizing the tax evasion due to a lack of change during tax collection.
https://coins.ha.com/itm/brazil/brazil-pedro-i-37-1-2-reis-1827-m-au55-brown-ngc-/a/61317-23163.s?type=DA-DMC-CoinArchives-WorldCoins-61317-05212023
HID02906262019
© 2022 Heritage Auctions | All Rights Reserved