Portugal 1930 escudo

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from Sedwick Treasure Auction 21, lot 1716

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 It superseded an aluminum-bronze type struck 1924-26 (KM 576) and in turn was replaced by a bronze coin struck 1969-79.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 1716 in Sedwick Treasure Auction 21 (Winter Park, FL, May 2017), where it sold for $__. The catalog description[1] noted, "Portugal, copper-nickel 1 escudo, 1930, encapsulated NGC MS 64. KM-578. Nice golden toning over muted-luster surfaces, no wear and only the slightest of marks, tied with one other for second highest grade in NGC census (behind a pair of MS 65's). NGC #2046728-006."

Recorded mintage: 1,911,000, a semi-key date.

Specification: 7.5 g, copper-nickel, 26.7 mm diameter.

Catalog reference: KM-578.

Source:

  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1901-2000, 42nd ed., Iola, WI: Krause Publications, 2014.
  • Reis, Lina, Anuário de Numismática, Moedas e notas 2010, 31ª ediçao, Lisbon: Publinummis, Lda, 2009.
  • [1]Sedwick, Daniel F., Augi Garcia and Cori Sedwick Downing, Treasure Auction #21, featuring Selections from the Richard Stuart Collection, Winter Park, FL: Daniel Frank Sedwick, LLC, 2017.

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