Two Brazilian coins, a Pedro
I gold 6400 Reis 1822-R Coronation Piece, and a Joao
VI (as King) gold 6400 Reis 1822-R, took top dollar realizing
$138,000 in the $8.8+ Million Heritage World
& Ancient Coins CICF Auction, which took place in Chicago
April 25-May 1. All prices include a 15% Buyer's Premium.
Combined with the auctions for US
coins and currency
in Chicago the previous weekend, the overall total of Heritage’s
Chicago events over the fortnight rose to nearly $38 million.
I coin, the famed "Coronation Piece", is undoubtedly
the most important and charismatic piece of Brazilian numismatics.
This issue, made in a hurry to be presented to guests of honor at his
Inauguration Ball on December 1, 1822, consisted on only 64 pieces, of
which 10-12 are known today, mostly in museums. The sale price of
$138,000 easily outdistanced the pre-auction estimate of $80,000-$100,000.
VI Coin, the last issue of colonial Brazil before independence,
is so rare that most reference catalogs, rather than giving a value,
list it as "Rare" or "RRR". This near-mint
example, a nicely struck coin with lustrous surfaces, also realized
$138,000 against a pre-auction estimate of $80,000-$100,000.
For more prices realized from this
auction, please visit the Heritage Permanent