20 000 Réis - Pedro II

Brazil's gold 20,000 réis of this period was struck at the Casa da Moeda do Rio de Janeiro during a stretch of relative fiscal stability under Pedro II's long reign — a reign that would ultimately last nearly half a century before his exile in 1889. The denomination was the largest in the imperial gold series and circulated primarily among merchants and the financial class rather than in everyday trade.

KM#461 spans three years of issue, and die workmanship varies noticeably across the run. Pieces dated 1851 are generally considered the scarcest of the three.