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2 Bazarucos - Filipe I Goa mint

Issuer Portuguese India
Year 1580-1598
Type Standard circulation coin
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Obverse lettering F
Reverse description The reverse displays the bold capital letter 'R' — standing for 'Real', the monetary denomination — struck in raised relief at the center of the plain field. The character is rendered in a large, upright Roman style, occupying most of the available flan surface. No additional legend, border, or ornamental device accompanies the letter. The flan is irregular in outline, consistent with the hammered production technique employed at the Goa Mint. Varieties are recorded with the 'R' inverted.
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Additional information

Filipe I of Portugal — Felipe II of Spain — inherited the Portuguese throne in 1580 following the extinction of the Aviz dynasty after the disastrous Battle of Alcácer Quibir. His claim was contested, but the Iberian Union that followed placed the entire Portuguese overseas network, including the Estado da India, under Hapsburg administration for sixty years. Goa's mint continued operating under this arrangement, producing copper fractions for local trade where silver was too valuable for small transactions.

The bazaruco was the lowest denomination in circulation along the Konkan coast, used primarily in market exchange with the local population. Survival rates in collectible condition are low — copper in tropical coastal humidity corrodes aggressively.

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