Up for auction is a stunning Brazil 1810-R 960 Reis coin, certified by NGC with a grade of AU 55. This coin is composed of silver and is a business strike minted at the Rio San Janeiro location. Additionally, the coin has a variety of being struck over Bolivian Charles IV 8 Reales 1803. The coin's denomination, year, and KM number are 960 Reis, 1810, and 307.3, respectively. The coin has been circulated and has beautiful cabinet toning. The certification adds value to this already extraordinary coin. This is a must-have for any collector of world coins.NGC AU55.

Portuguese colonization of Brazil lasted for over three centuries, beginning with the arrival of Portuguese explorers in the early 16th century and lasting until Brazil declared independence in 1822. Here are some key aspects of Brazil under Portuguese colonial rule:

  1. Initial Exploration and Settlement: Portuguese explorers, led by Pedro Álvares Cabral, arrived in Brazil in 1500. Initially, the Portuguese focused on extracting valuable resources such as brazilwood, which gave the region its name. They established trading posts along the coast, but significant permanent settlements did not develop until later.


  2. Colonial Economy: Brazil's economy under Portuguese rule was primarily based on agriculture and extraction industries. The Portuguese introduced sugar cane cultivation, which became the mainstay of Brazil's economy during the colonial period. Large estates, known as engenhos, were established along the coast to produce sugar, utilizing enslaved labor brought from Africa.


  3. Enslavement and the Transatlantic Slave Trade: The Portuguese relied heavily on enslaved African labor to work on sugar plantations and in other sectors of the economy. Brazil became one of the largest destinations for enslaved Africans during the transatlantic slave trade, with millions of Africans forcibly brought to Brazil over the centuries.


  4. Colonial Society: Brazilian colonial society was hierarchical and stratified. At the top were Portuguese colonists, who held political power and controlled much of the wealth. Below them were free people of mixed-race (mulattos), Indigenous peoples, and enslaved Africans, who faced various forms of discrimination and oppression.


  5. Cultural Exchange and Syncretism: Portuguese colonization brought together people from diverse cultural backgrounds, including Indigenous peoples, Africans, and Europeans. This interaction led to the emergence of a uniquely Brazilian culture characterized by syncretism, blending elements of Indigenous, African, and European traditions in language, religion, music, and art.


  6. Royal Government: Brazil was initially divided into captaincies, or hereditary captaincies, which were granted to Portuguese nobles as a way to encourage settlement and economic development. However, due to threats from other European powers and internal conflicts, the Portuguese crown eventually centralized control over Brazil, establishing colonial administrative structures and appointing governors to oversee the colony.


  7. Gold Rush and Economic Changes: In the 18th century, the discovery of gold and other minerals in the interior of Brazil led to a significant economic boom. The gold rush brought about changes in the colonial economy and society, as thousands of people migrated to the interior in search of wealth.


  8. Decline of Colonial Rule: By the late 18th century, Brazil had become increasingly important to the Portuguese Empire, both economically and strategically. However, discontent with Portuguese rule grew among the Brazilian elite, leading to calls for independence. In 1822, Dom Pedro, son of the Portuguese king, declared Brazil's independence, leading to the establishment of the Empire of Brazil with himself as Emperor.

Overall, Portuguese colonization had a profound and lasting impact on Brazil, shaping its economy, society, and culture in fundamental ways that continue to influence the country today.