Catalog
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| 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. |
|---|---|
| Obverse script | Log in to see details |
| 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.