Brazil counter stamp coin 1828
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Brazil counter stamp coin 1828
Brazil counter stamp coin 1828
Description
This coin has a very interesting history.
When this host coin was minted in 1828, its original face value was 80 Réis (equal to 4 Vinténs).
​During the 1820s and 1830s, widespread counterfeiting and hyperinflation devalued copper coinage in Brazil. To stabilize the economy, the imperial government passed a law on October 6, 1835, ordering copper coins across the empire to be collected and re-stamped with official circular countermarks.
​Original Nominal Value (1828): 80 Réis
​Countermarked Value (1835 onward): 40 Réis (halving its official legal tender value)
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