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Brazilian Coin Tops Heritage CICF Auction

Nearly $9 million was realized at the Chicago International Coin Fair‘s world and ancient coin Signature Sale conduction by Heritage Auctions. Top bid at the event was $138,000 for an 1822-R gold Brazilian 6400 reis struck for the coronation of Emperor Pedro I.

[description]The coin was graded by Numismatic Guaranty Corp. as VF details with mount removed. It was once in the Eliasberg collection.

“The incredibly rare Pedro I 6400 reis gold of 1822 is undoubtedly the most important and charismatic piece of Brazilian numismatics,” Cristiano Bierrenbach, HA vice president, said before the sale.

“It was a coronation piece made in a hurry to be presented to guests of honor at Pedro’s inauguration ball on Dec. 1 1822. It was subsequently redesigned as the emperor disliked the design of his portrait on the coin as a ‘Roman emperor” and in the coins of 1823 he appears in full military regalia.”

[description]Another 6400 reis gold piece, an 1822-R of King Joao VI, was also bid to $138,000. It was graded AU-58 by NGC. A much earlier 6400 reis of Maria I and Pedro III of 1777-B realized $80,500. It was graded AU-53 by NGC.

A bid of $69,000 purchased an English gold triple unite of 1643 of King Charles I. NGC graded it VF-35. It was struck at the Oxford Mint with a plume initial mark and is considered to be very rare. This piece came from the Marston collection.

A modern Greek 2 drachmai silver essai of 1915 of Constantine I sold for $57,500. NGC called it a Proof-64. The same price was recorded for a gold 6400 reis of Joao V dated 1734-M. NGC graded it AU-55.

The first Chinese coin to break into the top prices realized list was a dollar of Year 33 (1907) of the Manchurian Provinces. It was graded MS-62 by NGC.

A copper 40 reis of Jose I dated 1752 called VF details (bent) by NGC brought $43,125. Two Australian issues followed.

Bringing $40,250 was a George V florin (2 shillings) struck in Canberra in 1927. It was graded Proof-67 by the Professional Coin Grading Service. It was called “a stunning example of this classic rarity.”

Realizing $34,500 was a gold sovereign of George V. This piece with the “M” mintmark was struck in Melbourne in 1921. NGC graded the coin MS-62.

For more information about the auction, visit the firm’s website at www.HA.com. For more information about CICF, visit www.cicfshow.com.

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