Filipe I's accession to the Portuguese throne in 1580 — following the dynastic crisis triggered by Dom Sebastião's death at Alcácer Quibir and the brief reign of the Cardinal-King Henrique — brought the Iberian Union into force and placed Goa's mint under Habsburg authority without interrupting its operation for a single day. The xerafim, a denomination unique to Portuguese India, continued striking in Goa throughout this period as the primary silver currency for Estado da India commerce, valued at 300 réis against the metropolitan standard.
Filipe I's accession to the Portuguese throne in 1580 — following the dynastic crisis triggered by Dom Sebastião's death at Alcácer Quibir and the brief reign of the Cardinal-King Henrique — brought the Iberian Union into force and placed Goa's mint under Habsburg authority without interrupting its operation for a single day. The xerafim, a denomination unique to Portuguese India, continued striking in Goa throughout this period as the primary silver currency for Estado da India commerce, valued at 300 réis against the metropolitan standard.