Old portuguese escudos

Old Portuguese escudo coins, a symbol of Portugal's economy before the adoption of the euro in 1999.

About this subject

The Portuguese escudo was the official currency of Portugal from 1911 until 2002, when it was replaced by the euro. It was introduced after the proclamation of the Republic in 1910, replacing the real. The escudo was subdivided into 100 centavos. Coins featured national symbols such as the coat of arms, the armillary sphere, and historical figures. Early coins were minted in silver and copper, with denominations of 1, 2, 5, 10, 20, and 50 centavos, and 1, 2½, 5, and 10 escudos. Throughout the 20th century, coin designs changed, reflecting political periods like the Estado Novo and the Carnation Revolution. Escudo coins were known for their durability and detailed artistry. The transition to the euro began in 1999, with escudo coins gradually withdrawn from circulation by 2002. Today, escudo coins are collectible items, especially limited editions or mint errors. Portuguese numismatics is rich in history, with coins narrating the country's evolution.

Frequently Asked Questions

When did the Portuguese escudo cease to be used?

The escudo was replaced by the euro in 1999 as book money and in 2002 with the introduction of euro notes and coins. Escudo circulation ended on February 28, 2002.

Which escudo coins are most valuable to collectors?

Rare coins such as the 5 escudos of 1914 with a mint error or commemorative editions of the Carnation Revolution can be worth hundreds of euros.

How to identify the authenticity of an old escudo coin?

Check the weight, diameter, and design details. Genuine coins have sharp relief and uniform edges. Consult numismatic catalogs or experts.