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The Portugal 50 Centavos 1938 KM#577 VG, often referred to as a "Key Date" coin, holds a special place in numismatic history due to its rarity and significance. The Portugal 50 Centavos 1938 coin was minted during a period of economic and political turmoil in Europe and Portugal. The late 1930s were marked by global economic instability and the approach of World War II. In Portugal, this era saw the continued rule of Prime Minister António de Oliveira Salazar, who maintained the country's authoritarian Estado Novo regime. Coins like the 50 Centavos played a crucial role in daily commerce, facilitating transactions during challenging times.
The design of the Portugal 50 Centavos 1938 coin reflects the aesthetic and cultural influences of its time. On the obverse side of the coin, you will find a representation of Portugal's national shield, featuring the iconic five small blue shields arranged in a cross pattern, known as quinas, surrounded by a decorative border. Above the shield, you can observe the Portuguese Republican Phrygian cap, symbolizing liberty and the nation's republican form of government. The shield is flanked by olive branches, representing peace and prosperity. The reverse side of the coin displays the coin's denomination, "50 CENTAVOS," with an elegant and stylized font. The surrounding border includes decorative elements that enhance the coin's overall visual appeal. The minimalist yet sophisticated design showcases the artistic sensibilities of the era.
The Portugal 50 Centavos 1938 coin was minted with precision and adherence to numismatic standards. "Key Date" coins like this one are characterized by their limited mintage compared to other issues of the same denomination. While precise mintage figures can vary, the scarcity of this coin is a result of its relatively low production numbers. Limited mintages make Key Date coins highly sought after by collectors and enthusiasts.
This coin is typically composed of bronze, an alloy primarily made of copper, with additional elements such as tin. The bronze composition provides durability and resistance to wear, making it suitable for circulation. The weight and purity of the coin adhere to standard specifications for this denomination, ensuring its acceptance within the monetary system.
The designation "VG" stands for "Very Good," indicating that the coin exhibits moderate to heavy wear due to its circulation. VG coins are appreciated by collectors as they provide a tangible connection to the past, reflecting the history of trade and commerce during their period of use. While not in pristine condition, VG coins have a distinct charm and historical significance that make them sought after by collectors.
Portugal is renowned for its rich maritime history and contributions to global exploration. During the Age of Discovery in the 15th and 16th centuries, Portuguese explorers, including Vasco da Gama and Ferdinand Magellan, played a pivotal role in opening new sea routes to Africa, Asia, and the Americas. Vasco da Gama's voyage to India, for instance, marked a historic milestone in the exploration of maritime trade routes and connected Europe to the riches of the East.
The Portugal 50 Centavos 1938 KM#577 VG coin holds a special place in the world of numismatics due to its status as a "Key Date" coin. With its historical significance, intricate design, limited mintage, bronze composition, VG condition, and ties to Portugal's past, this coin serves as a tangible link to a pivotal period in the country's history. It is a testament to the resilience of a nation's monetary system during challenging times.