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1 Bazaruco - Filipe II Damão mint to Baçaim

Issuer Portuguese India
Year 1598-1621
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Value 1 Bazaruco (1⁄375)
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Obverse lettering I-B
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Mint Damão (to Baçaim)
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Additional information

The bazaruco was a fractional copper denomination minted specifically for the local bazaar economy of Portuguese India, where Spanish silver and Portuguese gold were entirely impractical for daily transactions. Damão's mint supplied the coastal trading towns between the Gulf of Khambhat and Bassein throughout this period, operating under the same royal authority as Goa but with considerably less oversight.

Filipe II of Portugal — Philip III of Spain — never set foot in his Indian territories, governing them entirely through viceroys appointed from Lisbon.

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