ID help requested

CarlWohlforth

I am going through everything with an eye to selling what I can. I found this large (40 mm) copper looking coin and I have no idea what it is. The date looks like 1823 to me. Any idea what it is and what it might be worth?

Steve27

Brazil 40 Reis.

It should look more like this (mines an 80 Reis).

trolling

Carl, yours is a counterstamped 40 Reis. Steve's is not.

CarlWohlforth

Cool, thanks for the fast replies!

So was there a devaluation or something? Why was mine counter stamped 40 ?

Steve27

"So was there a devaluation...?"

Yes, although I don't know the story.

gxseries

Most probably, if I am not wrong. Brazil isnt' the only country that did such counterstamping to deflate / inflate the value of the coins.

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newsman

It's a 20 reis that was counterstamped to increase the value to 40 reis.

CarlWohlforth

Now I have conflicting info. I am interested if it was a 20 or 80 Reis before it was counterstamped. The coin is 40 mm in diameter. I don't have an accurate scale here but it weighs around 1 oz.

newsman

<< <i>Now I have conflicting info. I am interested if it was a 20 or 80 Reis before it was counterstamped. The coin is 40 mm in diameter. I don't have an accurate scale here but it weighs around 1 oz. >>



You might be right -- I don't have my Krause with me here, and I could have gotten turned around.

newsman

Okay, Carl, sorry for the bad info.

Yours is an 80 reis that has been devalued to 40 reis with a counterstamp. The catalog # is KM444.1 and Krause says the counterstamp dates from 1835. An 1823-R with the counterstamp goes from $5 in good to $20 in VF.