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The Portugal 50 Centavos 1928 KM#577 is a numismatic treasure that offers a glimpse into the history, culture, and economy of Portugal during a pivotal era. With its intricate design, historical significance, and unique characteristics, this coin is a testament to the nation's rich heritage.
At the time of the coin's minting in 1928, Portugal was undergoing a period of political change and economic challenges. The country was transitioning from a monarchy to a republic, a process that began in 1910. The First Portuguese Republic faced various political and social issues, and the economy was marked by fluctuations and instability.
The obverse of the coin showcases the coat of arms of Portugal, which features a central shield flanked by two armillary spheres and surrounded by various heraldic symbols. This design is a powerful representation of Portugal's historical legacy and maritime heritage, symbolizing the nation's past as a global maritime power.
Above the coat of arms, the inscription "REPĂBLICA PORTUGUESA" is displayed. This inscription reflects Portugal's new republican identity and the transition away from monarchy. It signifies the nation's commitment to democratic principles and governance.
Beneath the coat of arms, the coin bears the denomination "50 CENTAVOS" and the date "1928." These elements indicate the coin's value and the year of its production, aligning it with international currency standards and facilitating trade.
The reverse of the coin showcases a beautiful and intricate design that captures the essence of Portugal's maritime history. At the center, a caravel, a type of sailing ship used by Portuguese explorers during the Age of Discovery, is depicted. The caravel represents Portugal's pioneering spirit and its role in exploring new worlds during the 15th and 16th centuries.
Surrounding the caravel, there are waves and seagulls, further emphasizing the maritime theme. This design is a poignant reminder of Portugal's past as a seafaring nation, known for its explorers like Vasco da Gama and Ferdinand Magellan.
The mint responsible for producing this coin was likely the Portuguese Mint, Casa da Moeda, located in Lisbon. Skilled engravers and craftsmen at the mint would have meticulously created the coin dies and executed the striking process with precision and artistry.
As for mintage figures, coins of this type were typically minted in substantial quantities to support daily commerce. The 50 Centavos denomination was a practical choice for everyday transactions, making this coin an essential part of the nation's currency system.
The Portugal 50 Centavos 1928 KM#577 has a weight of approximately 2.5 grams and a diameter of around 21 millimeters. It is usually composed of base metals, such as copper-nickel or bronze, chosen for their durability and resistance to wear. This composition ensured that the coin could withstand the rigors of circulation.
In terms of condition, this coin is often found in XF (Extremely Fine) condition. XF coins exhibit minimal wear, with well-preserved details and a sharp overall appearance. This suggests that the coin saw limited circulation and careful handling, preserving its numismatic value.
It's worth noting that the Portugal 50 Centavos 1928 KM#577 represents a significant period of transformation in Portugal's history. The transition from monarchy to republic, coupled with economic challenges, influenced the nation's identity and its coinage during this time.
The Portugal 50 Centavos 1928 KM#577 is a captivating numismatic piece that encapsulates Portugal's maritime history, republican identity, and economic realities of the early 20th century. Its design pays homage to the nation's past while serving as a tangible reminder of a pivotal era in Portugal's history.