Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
World Coins
>
Brazilian 960 Reis, but what is the host?
>
Reply to Thread
Message:
<p>[QUOTE="acanthite, post: 604749, member: 6647"]The early 1800's saw the continued upheaval of Europe, as Napoleon expanded the French dominion over the continent. One state considered to be 'rebellious' under the French-proclaimed <i>Contiental System </i>was Portugal. In 1807, aided by Spain, French armies invaded Portugal and occupied the capital, Lisbon. This action prompted King Joao VI of Portugal and his royal family to flee from the peninsula to the Portuguese colony of Brazil.</p><p> </p><p>Rio de Janeiro was not prepared to become the new capital of Portugal, or the host of the king and his extensive retinue. Expenses increased dramatically in the colony and economic problems soon followed.</p><p> </p><p>The circulating crown-sized silver coin of the time was the Spanish colonial 8 reales, mostly bust-type (post 1771/2), from the mints in Mexico City, Lima, and Potosi. In an effort to use state power to defray its own costs (a tactic abused many times over by the Spanish years before this), King Joao VI ordered the revaluation of the coins.</p><p> </p><p>Up to that point, Spanish 8 reales were equivalent to about 750 reis (the reis being a monetary unit of Portugal, with 320 reis = 1 pataca). The coins were collected and overstruck with the coat of arms of Portugal, and with a value of 960 reis (3 patacas). The coin was called, among other names, the Novo Crusado. The revaluation generated a 'profit' of 25% per overstrike.</p><p> </p><p>The fun of these coins, IMO, is to attribute the host. I bought one at the LB show which is fully attributable:</p><p><img src="http://i182.photobucket.com/albums/x7/karakorum_photos/BRZ_1819R_960reis.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p> </p><p>Brazil 960 reis</p><p>1819-R (Rio de Janeiro)</p><p> </p><p><span style="color: black"><font face="Arial">OBV: JOANNES VI. D. G. PORT. </font></span><span style="color: black"><font face="Arial">BRAS. ET. ALG. REX.</font></span></p><p><span style="color: black"><font face="Arial">(Joannes VI., by the Grace of God, King of Portugal, Brazil, and the Algarves)</font></span></p><p> </p><p><span style="color: black"><font face="Arial">REV: SUBQ. SIGN. NATA. STAB.</font></span></p><p><span style="color: black"><font face="Arial">(Subquo Signo Nata Stabili) = Born under a steady sign</font></span></p><p> </p><p>The coin over which this coin was struck is a 1789 8 reales from Mexico City, with the bust and name of Carolus III*, assayers F and M. Thus the host is 30 years older. The following pictures show where on this particular Novo Crusado the various o/s details can be found:</p><p><img src="http://i182.photobucket.com/albums/x7/karakorum_photos/BRZ_1819R_960reis-obv-loc.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><img src="http://i182.photobucket.com/albums/x7/karakorum_photos/BRZ_1819R_960reis-rev-loc.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p> </p><p>A close up of the overstruck date:</p><p><img src="http://i182.photobucket.com/albums/x7/karakorum_photos/BRZ_1819R_960reis-detaildate.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p> </p><p>The overstruck mint mark:</p><p><img src="http://i182.photobucket.com/albums/x7/karakorum_photos/BRZ_1819R_960reis-detailmm.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p> </p><p>And for reference purposes, an example of the host coin.</p><p><img src="http://i182.photobucket.com/albums/x7/karakorum_photos/MEX_1789Mo-FM_HA.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p> </p><p>*In December 1788 Charles III of Spain died and the throne was taken by Charles IV. However, Spanish colonial coins of 1789 can have one or the other named, depending on how early in the year it was minted. The bust remained Charles III for several years more.[/QUOTE]</p><p><br /></p>
[QUOTE="acanthite, post: 604749, member: 6647"]The early 1800's saw the continued upheaval of Europe, as Napoleon expanded the French dominion over the continent. One state considered to be 'rebellious' under the French-proclaimed [I]Contiental System [/I]was Portugal. In 1807, aided by Spain, French armies invaded Portugal and occupied the capital, Lisbon. This action prompted King Joao VI of Portugal and his royal family to flee from the peninsula to the Portuguese colony of Brazil. Rio de Janeiro was not prepared to become the new capital of Portugal, or the host of the king and his extensive retinue. Expenses increased dramatically in the colony and economic problems soon followed. The circulating crown-sized silver coin of the time was the Spanish colonial 8 reales, mostly bust-type (post 1771/2), from the mints in Mexico City, Lima, and Potosi. In an effort to use state power to defray its own costs (a tactic abused many times over by the Spanish years before this), King Joao VI ordered the revaluation of the coins. Up to that point, Spanish 8 reales were equivalent to about 750 reis (the reis being a monetary unit of Portugal, with 320 reis = 1 pataca). The coins were collected and overstruck with the coat of arms of Portugal, and with a value of 960 reis (3 patacas). The coin was called, among other names, the Novo Crusado. The revaluation generated a 'profit' of 25% per overstrike. The fun of these coins, IMO, is to attribute the host. I bought one at the LB show which is fully attributable: [IMG]http://i182.photobucket.com/albums/x7/karakorum_photos/BRZ_1819R_960reis.jpg[/IMG] Brazil 960 reis 1819-R (Rio de Janeiro) [COLOR=black][FONT=Arial]OBV: JOANNES VI. D. G. PORT. [/FONT][/COLOR][COLOR=black][FONT=Arial]BRAS. ET. ALG. REX.[/FONT][/COLOR] [COLOR=black][FONT=Arial](Joannes VI., by the Grace of God, King of Portugal, Brazil, and the Algarves)[/FONT][/COLOR] [COLOR=black][FONT=Arial]REV: SUBQ. SIGN. NATA. STAB.[/FONT][/COLOR] [COLOR=black][FONT=Arial](Subquo Signo Nata Stabili) = Born under a steady sign[/FONT][/COLOR] The coin over which this coin was struck is a 1789 8 reales from Mexico City, with the bust and name of Carolus III*, assayers F and M. Thus the host is 30 years older. The following pictures show where on this particular Novo Crusado the various o/s details can be found: [IMG]http://i182.photobucket.com/albums/x7/karakorum_photos/BRZ_1819R_960reis-obv-loc.jpg[/IMG] [IMG]http://i182.photobucket.com/albums/x7/karakorum_photos/BRZ_1819R_960reis-rev-loc.jpg[/IMG] A close up of the overstruck date: [IMG]http://i182.photobucket.com/albums/x7/karakorum_photos/BRZ_1819R_960reis-detaildate.jpg[/IMG] The overstruck mint mark: [IMG]http://i182.photobucket.com/albums/x7/karakorum_photos/BRZ_1819R_960reis-detailmm.jpg[/IMG] And for reference purposes, an example of the host coin. [IMG]http://i182.photobucket.com/albums/x7/karakorum_photos/MEX_1789Mo-FM_HA.jpg[/IMG] *In December 1788 Charles III of Spain died and the throne was taken by Charles IV. However, Spanish colonial coins of 1789 can have one or the other named, depending on how early in the year it was minted. The bust remained Charles III for several years more.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
World Coins
>
Brazilian 960 Reis, but what is the host?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...