Portugal 1931 escudo
This specimen was lot 78370 in Stack's Bowers Collectors Choice sale (Costa Mesa, CA, November 2025), where it sold for $840. The catalog description[1] noted, "PORTUGAL. Escudo, 1931. Lisbon Mint. PCGS MS-64. A conditional RARITY, this near-Gem presents seemingly unrivaled quality, with steely gray hues and lustrous brilliance across both sides." 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 1927-31, 1935, 1939-40, 1944-46, 1951-52, 1957-68. It superseded an aluminum-bronze type struck 1924-26 (KM 576) and in turn was replaced by a bronze coin struck 1969-79.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.
Recorded mintage: 2,039,000, a semi-key date.
Specification: 7.5 g, copper-nickel, 26.7 mm diameter.
Catalog reference: KM-578.
- 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.
- 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.
- [1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, November 2025 World Collectors Choice Online Auction, Costa Mesa, CA: Stack's Bowers Galleries, Inc., 2025.
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