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<p>[QUOTE=&quot;Gallienus, post: 4031184, member: 42034&quot;]&quot;<b><font size="6">Post a coin you&#039;ve had to pay a premium for&quot;</font></b></p><p><b><font size="6"><br /></font></b></p><p><font size="6"><font face="Arial">Ouch.&nbsp; For some reason this one always comes to mind.&nbsp; The most common date of the 3 date run of the Brazilian Republic&#039;s 1st (and last) full sized silver dollar.&nbsp;&nbsp; Of these three dates, my understanding is that only 1897 was released into general circulation in Brazil: the other dates being used exclusively to repay a debt to Great Britain.&nbsp; </font></font></p><p><font size="6"><font face="Arial"><br /></font></font></p><p><font size="6"><font face="Arial"><img src="https://coinsandhistory.com/pix_shared/pix_cointalk/Bra_2K_reis_1897_Stks_both_600px.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /> </font></font></p><p><font size="6"><font face="Arial">Anyhow this one is a slabbed ms-63.&nbsp; While apparently typical, all of the ms-62&#039;s (of all dates) that I&#039;ve seen appeared to be &quot;sliders&quot; or problematic to me.&nbsp; Also I&#039;m a member of the Brazilian numismatic society and lived there 3 years.&nbsp; I&#039;ve run across plenty of these in Brazil but always in ratty condition.&nbsp; This one is just in a 63 slab but is really nice and is fully unc: the only such I&#039;ve actually seen.&nbsp; It started out very cheaply at Stack&#039;s but ended up being a real fight to get it.</font></font></p><p><font size="6"><font face="Arial"><br /></font></font></p><p><font size="6"><font face="Arial">I had a bad coin dealer misrepresent me for the Lissner auction {last time I&#039;m doing that} and I missed the slabbed 65 1896 they sold.&nbsp; The dealer rep told me that it wasn&#039;t that nice and in any event it sold for a lot of $.&nbsp; </font></font></p><p><font size="6"><font face="Arial"><br /></font></font></p><p><font size="6"><font face="Arial">Oh, the terms for the loan were that G.B. required the Republic of Brazil to repay the loan in &quot;full silver weight&quot; 2000 reis coins.&nbsp; The Republic of Brazil came into existence in 1889.&nbsp; So Brazil struck these coins in 1891, 1896 and 1897 (25 grams? .9166 fine) to repay the loan.&nbsp; Their currency continued to inflate so their next issuance of silver dollars in 1906-1913 were reduced size.&nbsp; These exist in unc but are still a little tough to find here so when I saw a over-graded (but still unc) ms-64 I bought one recently at auction.&nbsp; Paid too much for that one too but they&#039;re cheap coins at the $100 to $200 level so it didn&#039;t matter too much.</font></font></p><p><font size="6"><font face="Arial"><br /></font></font></p><p><font size="6"><font face="Arial">* I&#039;m calling silver crowns, &#039;silver dollars&#039; here but technically they&#039;re 2,000 reis coins.</font></font>[/QUOTE]</p><p><br /></p>

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