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960 Réis - João VI
| Issuer | Casa da Moeda do Brasil |
|---|---|
| Year | 1818-1822 |
| Type | Log in to see details |
| Value | 960 Réis |
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| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
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| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | Log in to see details |
| Reverse script | Latin |
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| Edge | Log in to see details |
| Mint | B Bahia, modern-day Salvador de Bahia, Brazil (1694-1698, 1714-1834) R Casa da Moeda do Brasil, Rio de Janeiro, Brazil (1694-date) |
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| Additional information |
The 960 Réis was not purpose-struck — it was made by counterstamping and restruck Spanish colonial eight-real pieces, the so-called "cobs" and milled dollars flooding Brazilian ports through trade. João VI, having relocated the entire Portuguese court to Rio de Janeiro in 1808 following Napoleon's invasion of Lisbon, needed circulating coinage fast and had neither the bullion reserves nor the minting infrastructure to produce coins from scratch. Overstruck foreign silver was the practical solution.
The host coin frequently bleeds through, and examples showing a clearly identifiable Mexican or Peruvian undertype command significant collector premiums.