Portugal 1935 escudo

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Heritage sale 3042, lot 30370
Portugal H3042-30370r.jpg

This specimen was lot 30370 in Heritage sale 3042 (Long Beach, September 2015), where it did not sell. The catalog description[1] noted, "Republic Escudo 1935 MS66 NGC, Lisbon mint. Enchanting luster illuminates the surfaces, with a touch of central incompleteness that prevents a finer grade, but no post-strike marks that demand notice. An impressive, essentially-pristine example of this prohibitively rare date, struck for exclusive usage in the Azores, but today seldom seen in any grade, let alone as a premium Gem. Easily among the finest known and priced in the Standard Catalog of World Coins at $7,000 in MS63 grade." In 1910, Portugal, having ousted her king, dropped the réis and adopted the escudo, divided into 100 centavos. The specimen shown is a rare date of a type struck for Portugal 1927-68. It superseded a silver type struck 1915-16 (KM 564) and in turn was replaced by a smaller bronze coin struck 1969-79. The escudo was retired in 1999 when Portugal joined the euro. This date is from a run of rare dates 1930-39; prior and subsequent dates are much more available. It was struck for use in the Azores.

Recorded mintage: unknown.

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

Catalog reference: KM-578; Gomes-25.06.

Source:

  • 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.
  • 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.
  • [1]Cristiano Bierrenbach, Warren Tucker and David Michaels, Heritage World Coin Auction 3042, featuring the Read and Bob Bennett Collections, Dallas, TX: Heritage Auction Galleries, 2015.

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