Coins of the World

Brazil, Pernambuco, Geoktrooieerde Westindische Compagnie, uniface 40 Stuivers, 1654, Recife, struck on a square flan, gwc monogram, value above, date below, 11.87g (Scholten 1452, this coin; KM. 12). Pierced and plugged, otherwise very fine and excessively rare £2,000-3,000

Provenance: G. Guinle Collection; J.G. de Souda Braga, Rio de Janeiro, 1906; From an Imperial Estate, Jacques Schulman Auction 252 (Amsterdam) 24 November 1970, lot 61; E. Roehrs Collection