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1 Escudo The Last Escudo

Issuer Imprensa Nacional-Casa da Moeda (INCM)
Year 2001
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In circulation to 28 February 2002
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Reverse lettering REPUBLICA PORTUGUESA 2001 Au
(Translation: Republic of Portugal 2001 Gold)
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Mintage 2001 incm - - 50,000
Additional information

Portugal's escudo had circulated in one form or another since 1911, surviving the fall of the monarchy, Salazar's Estado Novo dictatorship, a revolution, and a democratic transition — only to be retired on January 1, 2002, when the euro became the country's legal tender. This 2001 gold issue was struck specifically as a farewell piece, marking the final year of escudo coinage after nine decades.

The gold composition here distinguishes it from the circulating base-metal 1 escudo of the same period. Gomes reference R 29.42 places it squarely in the commemorative/bullion farewell category INCM produced across multiple denominations that year.

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