Citation: Wernerthe coin`s size I would say is just under 40mm,maybe close to 40 reis KM# 446.
But why countermark 40 over 40?
besides that it is 1829R and is Petrus I and not II?

True, D.Pedro IV of Portugal 1826-1828 (Pedro I emperor of Brazil) did abdicate of his title in favour of his son Pedro II.
Concerning the coin, as I said before it's to worn to see all details.
I'm very positive that it's a countermarked 80 Reis. Otherwise it doesn't make no sense at all.
PS. You should try to get more information by specialized Brazilian/Portuguese collectors beyond Numista.