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500 Réis - João IV Countermarked 1 Cruzado ND
1663 yearSilver | - | - |
Issuer | Brazil |
---|---|
Type | Standard circulation coin |
Year | 1663 |
Value | 500 Réis |
Currency | Real (1654-1799) |
Composition | Silver |
Shape | Round |
Demonetized | Yes |
Updated | 2024-10-04 |
Numista | N#16877 |
---|---|
Rarity index | 92% |
Reverse
Script: Latin
Interesting fact
One interesting fact about the 500 Réis - João IV (Countermarked 1 Cruzado) ND (1663) coin from Brazil is that it was issued during a time of great economic and political change in Brazil. The coin was minted in 1663, just a few years after the Portuguese crown took control of the Brazilian mint and introduced a new currency system. The 500 Réis coin was one of the first coins to be issued under this new system, and it was intended to replace the older, Spanish-style coins that had been used in Brazil for centuries. The coin's design features the image of King João IV of Portugal, who ruled from 1640 to 1656, and the countermark of 1 Cruzado, which was added to the coin to indicate its value in the new currency system. Despite its historical significance, the coin is relatively rare and highly sought after by collectors today.