A Brazil 20000 Reis (Gold) contains 0.5284 troy oz of pure gold, worth $2,112.02 at today's spot price.
Brazil struck the 20,000 Reis gold coin from 1849 to 1922 in 91.67% gold. Each coin weighs 17.929 g and holds 0.5284 troy oz (16.436 g) of pure gold. The reis was also used in Azores, Portugal and Portuguese India.
Melt values use these spot prices (US dollars):
- Gold $3,996.90 per troy oz Current quote · Quote time Oct 24, 2:29 AM EDT
Some prices could not be refreshed recently and may be out of date.
Melt value is the metal content at spot price, not a buy or sell price. Collectible coins can be worth much more. For reference only.
Specifications
| Years | 1849–1922 |
|---|---|
| Face value | 20,000 Reis |
| Composition | 91.67% gold |
| Gross weight | 17.929 g |
| Fineness | .9167 (91.67%) |
| Pure metal | 0.5284 troy oz (16.436 g) |
How the melt value is worked out
Melt value is the pure gold in the coin multiplied by the spot price. We use the coin's standard minted weight; worn coins weigh slightly less.
-
17.929 g × .9167 fine ÷ 31.1035 g per troy oz = 0.5284 troy oz
0.5284 troy oz × $3,996.90 spot = $2,112.02
Melt value vs. collector value
Melt value is a floor, not a price. Better dates, coins with mint luster and graded coins often sell well above melt; key dates and rare varieties can be worth many times more. Check the date and mint mark before selling a coin for its metal.