960 Reis    (sold for $149.0)

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1821, Brazil, John VI. Large SIlver 960 Reis (on 8 Reales host) Coin. aXF!

Condition: About XF!
Mint Mark: Rio de Janeiro (R)
Reference: KM-326.1, Gomes, 25.18.
Denomination: 960 Reis (Struck on a colonial 8 reales host coin)
Material: Silver (.903) .7746 oz ASW.
Weight: 27.22gm
Diameter: 41mm

Obverse: Crown above, value (960) , date (1821) and mintmark (*R*), all inside wreath.
Legend: JOANNES . VI . D . G . PORTBRAS . ET . ALG . REX .

Reverse: Globe with parallels and meridians with band around, large cross Jerusalem behind.
Legend: SIGN . NATA STAB . SUBQ .
Expanded: SUBQ(uo) SIGN(o) NATA STAB" (it)
Tranlsated: "For this sign you shall stand"

For your consideration a nice 960 reales coin, struck over a 8 reales spanish colonial silver dollar.

The Spanish dollar (also known as the piece of eight, the real de a ocho, or the eight real coin) is a silver coin, worth eight reales, that was minted in the Spanish Empire after a Spanish currency reform of 1497. It was legal tender in the United States until an Act of the United States Congress discontinued the practice in 1857. Through widespread use in Europe, the Americas and the Far East, it became the first world currency by the late 18th century. Many existing currencies, such as the Canadian dollar, United States dollar and the Chinese yuan, as well as currencies in Latin America and the Philippines peso were initially based on the Spanish dollar and other 8 reales coins.

John VI (13 May 1767 – 10 March 1826) (Portuguese João), the Clement (Port. o Clemente), King of the United Kingdom of Portugal, Brazil and the Algarves (later changed to just King of Portugal and the Algarves, after Brazil was recognized independent in 1825) was born in Lisbon in 1767. John was the 27th (or 28th according to some historians) Portuguese monarch.

John was the second son of Maria Francisca of Portugal, the then Princess of Brazil and her husband (and uncle), Infante Pedro, her prince consort. His mother ascended the throne of Portugal in 1777. John's elder brother Joseph died in 1788, so John became the heir apparent and received the title of prince of Brazil.

In 1799 John assumed the reins of government as prince regent in the name of his widowed mother, who had declined into mental illness (perhaps due to porphyria). He retained this position until his mother's death in 1816. John had been brought up in an ecclesiastical atmosphere and, being naturally of a somewhat weak and helpless character, was ill adapted for the responsibilities he was called on to undertake. His wife, Charlotte of Spain, dominated him. In 1807, Portugal was invaded by France. At the urging of Britain, the whole Portuguese royal family fled to Brazil, accompanied by an escort of British ships. His court in exile was established in Rio de Janeiro.

In 1816 John was recognized as king of Portugal after his mother's death but he continued to reside in Brazil, which he had raised to the status of a kingdom on 16 December 1815. The consequent spread of dissatisfaction in Portugal resulted in the peaceful revolution of 24 August 1820, and the proclamation of a constitutional government, to which John swore fidelity on his return to Portugal in 1821. In the same year, and again in 1823, he had to suppress a rebellion led by his younger son Miguel, whom he was ultimately compelled to banish in 1824.

Meanwhile his elder son and heir, Pedro, declared Brazilian independence from Portugal on 7 September 1822, and subsequently declared himself Emperor Pedro I. John refused to recognize Brazilian independence until 29 August 1825, when he restored Pedro to the succession in the belief that Brazil and Portugal would be reunited in a dual monarchy federation after his own death. John died at Lisbon on 26 March 1826, and was briefly succeeded by Pedro (as King Pedro IV). Recent tests made to John's intestines, which had been kept buried on a vase, demonstrated that he may have died due to arsenic poisoning. His nemesis, Napoleon, may have also suffered a similar fate.

A fictionalized version of much of his life is depicted in the Brazilian movie Carlota Joaquina - Princesa do Brasil.

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Price
This coin has been sold for   $149.0 / 2016-03-08

Transaction details: https://www.hobbyray.com/page-cache/1669e296991d40d180c5024150ed7e66.html
Posted by: anonymous
2016-03-02
Coin Group
 Denomination: 960 Reis
 Metal: Silver
 State: Brazil
 Catalog reference:
  KM-326 326.1
 
Description:   English
Coin variations: 38 instance(s)
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