Catalog
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| Issuer | Imprensa Nacional-Casa da Moeda (INCM) |
|---|---|
| Year | 2003 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Euro (2002-date) |
| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Obverse description | Central motif features the Portuguese coat of arms, surrounded by a ring of ten national shields representing the participating nations of the Ibero-American series: Argentina, Cuba, Ecuador, Spain, Guatemala, Mexico, Nicaragua, Paraguay, Peru, and Portugal. The shields are arranged in a circular border around the central arms, lending the design a heraldic and diplomatic character. The denomination and issuing state appear in the peripheral legend. |
|---|---|
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| Edge | Reeded |
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| Additional information |
This piece belongs to the long-running Ibero-American series, a joint commemorative program launched in 1991 involving mints from Spain, Portugal, and Latin American nations issuing thematically coordinated coins simultaneously. The Navigation theme for 2003 was a natural fit for Portugal, whose 15th- and 16th-century maritime expansion fundamentally reshaped global trade routes and cartography. At .500 fineness, the alloy is noticeably lower than the .925 sterling used by many comparable commemorative programs — a cost-driven decision by INCM that affects the coin's luster relative to other issues in the series.