300 Réis (Countermark "Crowned G.P." over 320 Réis, Brazil) ND (1887) front 300 Réis (Countermark "Crowned G.P." over 320 Réis, Brazil) ND (1887) back
300 Réis (Countermark "Crowned G.P." over 320 Réis, Brazil) ND (1887) photo
© INCM

300 Réis Countermark "Crowned G.P." over 320 Réis, Brazil ND

1887 year
Silver (.9166) 8.9 g 30 mm
Description
Issuer
Azores (Portugal)
King
Louis I the Popular (1861-1889)
Type
Standard circulation coin
Year
1887
Value
300 Réis
Currency
Real (decimalized, 1843-1911)
Composition
Silver (.9166)
Weight
8.9 g
Diameter
30 mm
Shape
Round
Technique
Milled, Countermarked
Demonetized
Yes
Updated
2024-10-07
References
Numista
N#102635
Rarity index
100%

Reverse

Script: Latin

Comment

The picture is the coin Nr. 15494 from INCM Museum

Interesting fact

One interesting fact about this coin is that it was issued during a time of economic turmoil in Brazil. The country was facing a severe economic crisis, and the government was forced to debase the currency by issuing coins with a lower silver content than the standard 900 réis coin. This led to widespread counterfeiting, and the coinage system was eventually reformed in 1888. Despite this, the 300 réis coin remains a unique and interesting piece of Brazilian numismatic history.