Portugal 1929 escudo
In 1910, Portugal, having ousted her king, dropped the réis and adopted the escudo, divided into 100 centavos. The specimen shown is a better date, despite the large mintage, of a type struck for Portugal 1927-68. It superseded an aluminum-bronze type struck 1924-26 (KM 576) and in turn was replaced by a bronze coin struck 1969-79. The escudo was retired in 1999 when Portugal joined the euro. This specimen was lot 31529 in Heritage sale 3064 (Chicago, April 2018), where it sold for $660. The catalog description noted, "Republic Escudo 1929 MS67 PCGS. An exquisite gem, featuring pleasing steel-gray surfaces and a light russet tone near the peripheries. Truly wondrous to view and scarce to be encountered so attractive."
Recorded mintage: 1,617,000, a better date.
Specification: 7.5 g, copper-nickel, 26.7 mm diameter.
Catalog reference: KM-578, Gomes-25.03.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
- Reis, Lina, Anuário de Numismática, Moedas e notas 2010, 31ª ediçao, Lisbon: Publinummis, Lda, 2009.
- Cristiano Bierrenbach and Warren Tucker, Heritage World Coin Auction 3064, featuring the Doug Robins Collection of Canadian Tokens, Dallas, TX: Heritage Auction Galleries, 2018.
- Alberto Gomes and Francisco Antonio Magro, Moedas Portuguesas e do Território Que Hoje é Portugal: Catálogo das Moedas Cunhadas para o Continentes e Ilhas Adjacentes, para os Territórios do Ultramar e Grão-Mestres Portugueses da Ordem de Malta, 6ª Edição, Lisbon: Associação Numismática de Portugal, 2013.