Heritage Auctions

Auction 4015  –  9 September 2019

Heritage Auctions, Auction 4015

Online only session: World Paper Money

Mo, 09.09.2019, from 7:00 PM CEST
The auction is closed.

Description

Brazil Caixa de Estabilizacao 10 Mil Reis 1926 Pick 103s Specimen PMG Gem Uncirculated 66 EPQ. In an attempt to stabilize the currency, the Caixa de Estabilizacao was established, backing notes of the treasury in gold. These notes attempted to protect the Brazilian economy, which only lasted for a few years before the 1929 stock market crash and subsequent depression led to a different economic policy being adopted. Cancelled with 2 punch holes.

HID09801242017

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Price realized 310 USD
Starting price 250 USD
Estimate 500 USD
The auction is closed.
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