Shucks, Regina. It's not gold. The metal is aluminum bronze, a common coining metal that looks like gold when the coin is uncirculated. The protective case has kept it looking like new.
The catalogs report the following values for your 500 reis coin with author Machado de Assis.
worn: less than $1 US dollar
average circulated: $1
well preserved: $3
fully uncirculated: $8
These catalog values (see our 'Important Terminology' page on the top left to properly interpret them) only apply to coins free of problems like scratches, stains or spots.
, Genre: Colonizers and Colonies
Requested by: regina tomlinson, Sun, 11-Oct-2009 05:59:35 GMT
Answered by: Paul, Sat, 18-May-2013 17:00:56 GMT
Reviewed by CoinQuest. Appraisal ok., Wed, 06-May-2015 19:02:48 GMT
Requester description: 1939 gold, bibbon wreth around edge...says,brasil-500-reis-1939
Tags: brazil 500 reis brazilian brasil gold bibbon wreth wreath au goldish golden goldenen wreathed rief reif reef wreathe wreat garland wreah wreaths machado assis glasses squiggles squiggle scribbles curl swoosh squiggly squigle swirl bowed twirly scribble curlicues curly curve curved curlycue curvy curving swirls curls squiggley sqiggles swirly curves beard hair wave waves tee goty goatee gotee whiskers beared bearded whisker beareded wiskers hairdo hairline waving waive wavy wavey
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Sun, 23-Apr-2017 23:29:39 GMT, unknown