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Brazil (Bahia mint), 3200 reis, Joao V, 1750-B, encapsulated NGC AU 50, finest and only known specim

Currency:USD Category:Coins & Paper Money / World Coins - Gold Start Price:21,000.00 USD Estimated At:35,000.00 - 70,000.00 USD
Brazil (Bahia mint), 3200 reis, Joao V, 1750-B, encapsulated NGC AU 50, finest and only known specim
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This item SOLD at 2013 Oct 30 @ 11:24UTC-4 : AST/EDT
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Brazil (Bahia mint), 3200 reis, Joao V, 1750-B, encapsulated NGC AU 50, finest and only known specimen in NGC census. Russo-132; KM-133. Extremely rare Bahia type, a classic rarity in the Brazilian series, virtually impossible to acquire in any condition, with probably only thee specimens known across all the potential dates (1727-1750), despite what Russo shows. In fact this type is totally absent in all important collections on record, and the present coin is the only one known to be graded (and therefore problem-free), with lovely old toning, its red hue gracing the outline of all the devices, all details sharp but with a minimum of wear, worthy for display in a museum. It should be noted also that this specific date is potentially the rarest by virtue of the fact that Joao V died in Lisbon on July 31, 1750, and new coins under his successor Jose I started the same year. Pedigreed to the New England Collection.