1467

PORTUGAL: Maria II, 1834-1853, AR cruzado, 1835, PCGS MS63

Currency:USD Category:Coins & Paper Money / World Coins - Europe Start Price:140.00 USD Estimated At:150.00 - 250.00 USD
PORTUGAL: Maria II, 1834-1853, AR cruzado, 1835, PCGS MS63
SOLD
190.00USD+ (38.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2023 May 19 @ 17:48UTC-7 : PDT/MST
PLEASE NOTE: You must request a bid limit when you register. If you would like to have a large bid limit, you must provide adequate references, or you must have previously established strong credit history with our company. Late registration may result in delayed approval.
PORTUGAL: Maria II, 1834-1853, AR cruzado, 1835, KM-403.2, a lovely lustrous mint state example! PCGS graded MS63. In 1688 the price of the gold and silver rose 20% and there was no time to withdraw and strike new circulating coinage. Therefore, by the Law 4 August 1688, the value of the silver and gold coins in circulation was increased by 20%. However, even approximately 150 years later, the denominations on coinage remained unchanged with the circulating coins having a value approximately 20% above the face value. Thus, the 400 réis marked value on this type meant that it would circulate at 480 réis.