biglowbowski
11h ago
COINS
Untitled Item
Key Facts & Value
Key Fact
Description
This is a 1963 Portuguese 2.50 Escudo coin. The obverse features a sailing ship, symbolizing Portugal's maritime history, with the inscription "REPUBLICA PORTUGUESA 1963". The reverse displays the Portuguese coat of arms, surrounded by stars and the denomination "2$50". The coin has a reeded edge and is made of a steel-nickel alloy, typical for circulation coinage of its era.
History
This coin was minted during the Estado Novo regime in Portugal, a period of authoritarian rule under António de Oliveira Salazar and later Marcello Caetano. The design elements, particularly the prominent coat of arms and the maritime imagery, reflect national pride and historical legacy. The Imprensa Nacional Casa da Moeda, responsible for its production, has been the official mint of Portugal since 1970, though its roots go much further back.
Facts
The Escudo was the currency of Portugal from 1911 until the introduction of the Euro in 2002. Coins like this one often feature symbols that represent the nation's identity and history. The sailing ship motif is a recurring theme on Portuguese coinage, paying homage to the country's Age of Discovery and its seafaring explorers. These coins were part of everyday transactions for decades.
Value Fact
This 1963 2.50 Escudo coin is a common circulated piece. Its market value is generally low, typically ranging from under $1 to a few dollars, depending on its condition. Demand is driven by collectors of Portuguese coinage or those interested in European currency history. While not a rare find, well-preserved examples can be more desirable for specific collections.
Item Details
Official Details
Variation Details
biglowbowski Details
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