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2.5 Escudos

Issuer Portuguese Republic
Year 1962-1971
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Reference(s) Gomes#R 17.01, KM#19
Obverse description Central device features the crowned arms of São Tomé and Príncipe superimposed upon an armillary sphere, rendered in high relief against a flat field. The coat of arms displays the Portuguese royal shield quartered with the territorial emblems, surmounted by a mural crown of five towers. The colonial territorial legend S. TOMÉ · E · PRÍNCIPE arcs along the upper periphery, while the denomination 2$50 is inscribed in large numerals along the lower field, flanked by small floral ornaments. The entire design is bordered by a raised beaded rim.
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Obverse lettering S. TOMÉ·E·PRÍNCIPE 2$50
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Additional information

Portugal's switch to copper-nickel for this denomination in 1962 was part of a broader currency rationalization program under the Estado Novo regime, as silver coinage became economically unsustainable to maintain in circulation. The timing matters: Salazar's government was simultaneously financing three colonial wars in Angola, Mozambique, and Guinea-Bissau, and the fiscal pressure of that military spending accelerated the removal of precious-metal alloys from everyday coinage throughout the 1960s.

The series ran through 1971, two years after Salazar's incapacitation following a stroke and his replacement by Caetano — the political transition left no mark on the coinage itself.

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