© INCM
© INCM
600 Réis Countermark "GP" over "640 Réis; Brazil" ND
1887 year| Silver (.9166) | 17.92 g | 37 mm |
| Issuer | Azores (Portugal) |
|---|---|
| King | Louis I the Popular (1861-1889) |
| Type | Standard circulation coin |
| Year | 1887 |
| Value | 600 Réis |
| Currency | Real (decimalized, 1843-1911) |
| Composition | Silver (.9166) |
| Weight | 17.92 g |
| Diameter | 37 mm |
| Shape | Round |
| Technique | Milled, Countermarked |
| Demonetized | Yes |
| Updated | 2024-10-07 |
| Numista | N#100058 |
|---|---|
| Rarity index | 100% |
Reverse
Script: Latin
Comment
The picture is the Lot 26109 from Heritage AuctionThe AG# L1 24.16 from IMCM 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, known as the "Encilhamento," which lasted from 1884 to 1890. During this period, the value of the Brazilian currency, the réis, plummeted, and the government was forced to introduce new currency measures, such as the countermarking of existing coins, to stabilize the economy. The "GP" countermark on this coin stands for "Governo Provisório," or Provisional Government, which was established in 1889 to address the economic crisis. This coin is a tangible reminder of the economic challenges faced by Brazil during this time period.
