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160 Réis - João Prince Regent Countermarked 150 Réis, KM#296
| Issuer | Brazil |
|---|---|
| Year | 1809 |
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| Composition | Log in to see details |
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| Technique | Milled |
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| Reverse script | Latin |
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| Mint | Rio de Janeiro Mint |
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| Additional information |
This piece belongs to one of the more pragmatic monetary episodes in Brazilian history. When João VI (then Prince Regent) fled the Napoleonic invasion of Portugal in 1807 and relocated the entire Portuguese court to Rio de Janeiro, the colonial monetary infrastructure was wholly inadequate for the sudden demands placed on it. Rather than mint an entirely new coinage, existing 150 Réis pieces were counterstamped with a crowned globe mark to both revalue and legitimize them for circulation in the new imperial capital.
The counterstamp program of 1809 affected multiple denominations simultaneously. Forgeries of the countermark appeared almost immediately.