100 Patacas Year of the Ox

Macau issued this piece in the final months of Portuguese administration — the handover to China was still two years off, but the political transition was already reshaping the territory's commemorative program. The ox series fell squarely in that uncertain interval, when Lisbon and Beijing were negotiating the practical details of the 1999 transfer under the Sino-Portuguese Joint Declaration signed in 1987.

KM#84 is a straightforward bullion-adjacent issue with no documented die varieties of note.