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PatsGuy5000
Posts: 671 ✭✭✭
The print runs for many 1800’s Brazilian Reis coins is very low, yet they can be purchased for not much more than spot silver prices. Any thoughts on future demand/value for these?
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Silver reis from the earlier part of the 1800's carry a solid premium. I guess you're talking about the Pedro II types. They usually just look plain unattractive. The occasional really nice examples go for good money.
Highly enthusiastic about world coins, contemporary circulating counterfeits and unusual stuff
I have some 200, 500, 1000, 2000 Reis from the 1850’s to 1880’s, some are in XF condition or better. Many of the print runs are in the 100,000’s based on data I have acquired. Just seems to be far less than US or European numbers.
Supply and demand. Demand is nonexistent.
I'd have more interest in the Pedro II pieces, but they are always priced much much too high.
The Brazilian middle class is exploding.
It's easy enough to see a lot more demand in the future.
There are surprising numbers of some of the more common issues in BU however so price increases will be muted in some cases.
I wonder how well represented the modern base metal coins are. I personally have trouble finding BU after the 1940's but it's hard to tell when there is no demand at all.