Moeda - João V (Lisboa, Porto, Rio, Bahia and Minas mints) 1707-1727 front Moeda - João V (Lisboa, Porto, Rio, Bahia and Minas mints) 1707-1727 back
Moeda - João V (Lisboa, Porto, Rio, Bahia and Minas mints) 1707-1727 photo
© Heritage Auctions

Moeda - João V Lisboa, Porto, Rio, Bahia and Minas mints

 
Gold (.9166) 10.76 g 30 mm
Description
Issuer
Portugal
King
John V (João V) (1706-1750)
Type
Standard circulation coin
Years
1707-1727
Value
1 Moeda (4800)
Currency
Real (1517-1835)
Composition
Gold (.9166)
Weight
10.76 g
Diameter
30 mm
Shape
Round
Technique
Milled
Demonetized
Yes
Updated
2024-10-07
References
Numista
N#116787
Rarity index
92%

Reverse

Jerusalem cross with quatrefoils in angles.

Script: Latin

Lettering: IN HOC SIGNO VINCES 1714

Edge

Rope shaped

Comment


In 1688 the price of the gold ant the silver rise 20%. There was no time to collect and cast the circulating coin. Therefore, by the Law 04AUG1688, the value of the silver and gold coins was also increased 20%. However, during ~150 years the coinage remains unchanged with the circulating coins having a value ~20% above the face value.
Therefore, the value of this coin is 4800 and not 4000 Reís.

Interesting fact

One interesting fact about the João V coin is that it was minted in five different locations: Lisboa, Porto, Rio, Bahia, and Minas. This is indicated by the letters "L", "P", "R", "B", and "M" on the coin, which represent the respective mints. This is a unique feature of the coin and a testament to the extensive reach of the Portuguese Empire at the time.