1823 R BRAZIL 960 Reis " IGNO " AU Details

Description

1823 R BRAZIL 960 Reis "IGNO" AU Details
KM368.1, with rare IGNO error legend, nicely toned AU, with very light surface hairlines. Struck over an earlier coin, The IGNO is partially obscured by the details of the host coin but is fully readable.
ON GRADING
The grade I gave is just my opinion and may differ from others. Grading is subjective and not an exact science. Please take a look at the photo and grade it accordingly. Several subjective factors of personal preference may be considered different by others. These include paper texture, quality, color, folds, markings, stains and overall eye appeal.
ABOUT US PHILIPPINES BANKNOTES
I noticed that the catalogue value of the US Philippine notes have increased dramatically over the past 4 years. With the high demand for US Philippines Banknote, the supply in our county is getting scarcer even for the common ones. Even in our local and international auctions good bank notes seldom appear. Unlike coins which is easy to keep and preserve, paper money are demonetized and destroyed by the banks and with our humid climate these notes have deteriorated in time. Start buying now !!! These notes are good investment that I guarantee.
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