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Message:: [QUOTE="Gallienus, post: 2380490, member: 42034"]When you mean 20,000 reis I guess you're referring to the large 53 gram issues of 1724 - 1727.  These are really nice coins but not that rare circulated.  They do turn up periodically in ms.  Heritage just sold a NGC-65 specimen this Jan, which I was able to view in person at the MexNa Conference.  The early 20K adorn the front cover of a huge coffee table book on coins and history put out with help from the Brazilian Government.  It's written in English & Portuguese side by side, is abt 300 pgs & costs around $50. Well Minas Gerais is the state (note that these are not city mint marks but state) where a lot of gold was mined.  Thus they were probably more concerned with getting the gold into coin form for shipment to the coast & so it didn't get stolen or bits taken in shipment by corrupt officials.  They may have been concerned with the lack of reliable transportation from the interior of the country. I was going to illustrate my 20,000 reis of 1922 NGC-62 which is not the type that you're thinking of I'd guess.  This is the last legal tender type gold coin issued by Brazil.  but I can't find any picture...[/QUOTE]