Goldberg Coins and Collectibles

Sale 46

The Millennia Collection

Lot Photo Description Realized
Lot 792
Portugal. Cruzado, ND. Fr-26. 3.50 grams. 24.09 mm. Three annulets on L and R,Lisbon mint. John (Joao) III, 1521-1557. Obv: Crowned arms flanked by L and R at sides with three annulets above each letter. Leg: *IOANES; III R;PORTVGAL Reverse Simple cross with central beaded ring. Leg: IN.; HOC; SIGNO; VINCEES. Very Rare. NGC graded AU-55.
Estimated Value $15,000 - 20,000.

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Lot 793
Portugal. Gold 4,000 Reis, 1703. Fr-76; KM-156; Almeida-2816. 10.67 grams. Pedro II, 1683-1706. Crowned arms, value in left field. Reverse: Voided cross, quatrefoil in each of the quarters. Choice, deep strike, with jumbo denticles for rims. Fully lustrous, the obverse wonderfully satiny. NGC graded MS-66.

In the last decade of the 17th century, tremendous gold deposits were found in southeastern Brazil. By the mid 18th century, production from these and other Brazilian gold fields was such that the annual yield was equal to all the gold mined in all the Spanish American colonies put together. In fact, the total gold production for Brazil during the 18th century is estimated at as much as two million pounds. The wealth of the Brazilian deposits propelled Portugal's standard gold coin, and its identical Brazilian counterpart, to the forefront of international commerce.

Since the 1660s the primary gold denomination was the 4,000 Reis coin. Popularly known as "moidores," the name was actually a corruption of the Portuguese "moeda da ouro," or simply "money of ore." This coin was the same basic type as their old cruzado, but larger and heavier. After 1700 there was a great upswing in the minting of the moeda da ouro and it became the most commonly traded gold coin in the New World. In Europe, it competed on equal terms with the English Guinea and French Louis d'Or. The coin's omnipresence gave force to the motto that accompanied the cross emblem on the coin's reverse. Dating from the reign of Constantine the Great (307-337 AD), the motto states: "By this sign thou shalt conquer."
Estimated Value $2,000 - 2,500.
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Lot 794
Portugal. Gold 6,400 Reis (Peca), 1824. Fr-128; KM-364. Joao VI. Laureate bust right. Reverse: Arms of the United Kingdom of Portugal and Brazil. Fully lustrous, well centered, sharp and desirable. NGC graded MS-62.

Issued under John V, the "golden Joe" was issued at both the Rio Mint and the Bahia Mint and enjoyed legal status in America and was widely used as a trade coin on both continents.
Estimated Value $1,000 - 1,200.
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Lot 795
Portugal. Peca (7,500 Reis), 1826 (Lisbon). Fr-134; KM-378; Gomez P4 09.01; Schl.-43. 14.29 grams. Pedro IV, 1826-1828. Laureate head of Pedro right. Reverse: Crowned oval arms of Portugal, all within wreath. A very choice example with a delightful strike, only slight weakness centering over the ear on both sides. Lustrous to matte devices on reflective fields. A few random light marks on the obverse. Very rare. NGC graded MS-64.

Pedro was quite a character. Of Portuguese nobility, he was the eldest living son of King John VI and heir apparent to the throne. He sided with the Brazilian revolutionaries against his father, and was named Emperor of Brazil, but demoted in the Portuguese court for his actions. His early actions as emperor indicated he was a dedicated Brazilian nationalist and against the conservative Portuguese court. However, when his father died in Portugal, he renounced his Brazilian throne to become King of Portugal, though soon he would abdicate that throne as well.
Estimated Value $5,000 - 6,000.
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Lot 796
Portugal. Gold 6,400 Reis (Peca), 1830. Fr-138; KM-397. Miguel I. Large laureate bust with collar right. Reverse: Crowned crest supported by palms. Scarce two-year type. Lustrous and pleasing. NGC graded MS-62.

Miguel was the younger brother of the previous king, Pedro I. He was a conservative who totally opposed his brother's liberal constitution and policies, and a civil war ensued. He lost the war, and left Portugal. He was essentially a failure who produced very few coins. All his gold coins are quite scarce.
Estimated Value $2,000 - 2,500.
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Lot 797
Portugal. Gold 6,400 Reis (Peca), 1834. Fr-141; KM-405. Maria II. Draped bust with diadem. Reverse: Crowned crest. NGC graded MS-63.

Maria was the daughter of Pedro I. When Pedro abdicated in 1826, he did so under the agreement that Maria would marry his younger brother, Miguel, and the two would rule jointly. Miguel agreed, and as soon as he arrived in Portugal he deposed Maria, and proclaimed himself king, upon which action civil war ensued, and in 1834 the supporters of Maria won. She was restored to the throne as sole ruler.
Estimated Value $1,500 - 1,750.
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