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The Portugal 10 Centavos 1938 KM#573 XF coin is a remarkable piece of numismatic history that offers insight into Portugal's economy and culture during the late 1930s. The Portugal 10 Centavos 1938 coin was issued during the Estado Novo (New State) regime, a period marked by the authoritarian rule of Prime Minister António de Oliveira Salazar, who served from 1932 to 1968. The Estado Novo aimed to stabilize Portugal's economy and maintain strict control over the country's political and social affairs. This coin was part of the monetary system that played a role in achieving these goals.
The design of the Portugal 10 Centavos 1938 coin reflects the artistic sensibilities of its time. On the obverse side of the coin, you will find a depiction of an olive branch and ears of wheat, symbolizing peace and agricultural abundance. Above these symbols is the Portuguese coat of arms, featuring five small blue shields arranged in a cross pattern, known as quinas. Surrounding the central design are the words "PORTUGAL" and "REPUBLICA PORTUGUESA," emphasizing the nation's identity and republican form of government. The reverse side of the coin showcases the coin's denomination, "10 CENTAVOS," flanked by two stylized cornucopias. This side of the coin highlights the economic prosperity and fertility associated with Portugal's agriculture. The design reflects the regime's efforts to promote self-sufficiency and economic stability.
The Portugal 10 Centavos 1938 coin was minted with precision and attention to detail. Mintage refers to the total number of coins of this denomination and year that were produced. While exact mintage figures can vary, this coin's mintage would have been determined by the economic needs and demands of the era. It played a vital role in facilitating everyday transactions and commerce.
This coin is made of bronze, a metal alloy consisting primarily of copper, with additional elements such as tin. The composition of bronze provided durability and resistance to wear, making it an ideal choice for small denomination coins like the 10 Centavos. The weight and purity of the coin adhere to standard specifications for this denomination, ensuring its recognition and acceptance within the monetary system.
The designation "XF" stands for "Extremely Fine," indicating that the coin is in remarkable condition with minimal signs of wear. XF coins are highly sought after by collectors for their well-preserved details and overall appearance. This level of preservation suggests that the coin was handled with care throughout its history, contributing to its collectible value.
Portugal is renowned for its rich maritime history and exploration. In the 15th century, Portuguese explorers like Prince Henry the Navigator and Vasco da Gama played pivotal roles in discovering new trade routes and exploring distant lands. Vasco da Gama's historic voyage to India, around the Cape of Good Hope, opened up new horizons and established Portugal as a global maritime power.
The Portugal 10 Centavos 1938 KM#573 XF coin serves as a tangible piece of Portugal's economic history during the Estado Novo era. With its intricate design, precise minting, bronze composition, XF condition, and connection to Portugal's agricultural and economic aspirations, this coin holds both historical significance and aesthetic appeal. Numismatists and history enthusiasts alike treasure coins like these for the valuable insights they provide into a nation's past.