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By: pirgah
Images:

Ancients & Medievals
Metallic brown

Last month
Post: 890
Brazil
Date: 1654 - Question: Value?

My dutch friend found it on jar full of coins that belonged to his grandfather. From what I read at Numista is a uniface coin extremely rare. Lettering: XII GWC 1654. I read also in another website that only 2,500/5,000 coins were struck in Recife, a city from a Brazilian State called Pernanbuco (I don´t know if it´s correct). Seems to me that the coin is in bad condition but I don´t know how much it worth. Is this a siege coin?

 
By: pirgah
Last month
Post: 891
Looking more closely seems to me that there are XXXX letters above GWC and so, it´s a 40 stuiver dutch coin. I read that these coins are fake. Could someone confirm please?
 
By: Paul
Image:

Last month
Post: 900

Yours looks like a replica to me. Here is a real one from Dix Noonan Webb. The real one sold for $9480 during a 2010 auction. Here is the auction description:

WORLD COINS
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


Footnote
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

 
By: Paul
Image:

Last month
Post: 901

These are usually called klippe coins and are often produced under the stressful conditions of seige. This one is from Stacks Bowers Ponterio, and is on the auction block now.



NETHERLANDS. Groningen & Ommeland. 50 Stuivers Uniface Siege Klippe, 1672. NGC AU-50.
KM-27.2; Del-736. Small stamp variety. Struck after the siege to commemorate the defeat of the French forces. Lovely light toning. NGC AU-50.

Estimate: $400.00- $500.00

 
By: pirgah
Web reference:
1. [forum-numismatic]
Image:

Last month
Post: 904

There´s a Portugal numismatic forum describing the dutch coins from the era of brazilian colony, in an 2015 article from Reinado D. Henrique. (see link)

From what I understood, reading the article (in parts) with google translator:

The coins´description begin at the 2.0 paragraph.

The 1654 coinage is extremely rare and only 5 coins were found as of today, but the XXXX stuiver was not found.

In 1870 a great auction house begin to offer some 1654 coins which the forum claim are fake.

Fakes begin to be produced after 1850. Gorny & Morsch sold a XII florins for 650 euros (see picture), but the coin are not the same found by Van Loon a Numismatik researcher.

In 1941 an auction house of Rio de Janeiro, Santos Leitao, sold a 1647 XII florins at 10,000 contos de reis, which they claim that belonged to Guinle Collection. But there´s no record of a dutch coinage in 1647.

Well, the article is very big but they conclude that there are some fake coins and maybe some of them are around the world.

 
By: Paul
Last month
Post: 905
Wow. That blog goes on and on, and they certainly seem to know what they are doing.

If the one I posted from Dix Noonan Webb is a fake, it is a fake to the tune of $9480.

The overall quality of your coin, the strike, the details, seem counterfeit to me, but that is simply an opinion.

Our database produces 26 klippe coins to the search 'GWC' only three of which are uniface. These three uniface coins are all dated 1654. The others are dated earlier prominently labelled BRASIL with the date. Most are gold. There is only one with XXXX (as I showed).

Just what this means, I am not sure.

Perhaps you can post to the Portuguese site and ask about your coin and the one I posted.

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