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2 Xerafins São Tomé - José I Goa mint

Issuer Portuguese India
Year 1766-1774
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Currency Rupia (1706-1880)
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Reverse script Latin
Reverse lettering 2 | x 17 | 74
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Additional information

The xerafim was a unit of account deeply embedded in Goan commercial life long before it existed as a struck coin — merchants had reckoned in xerafins for generations while the actual currency circulated in a tangle of local, Portuguese, and Mughal issues. José I's reign saw a concerted effort to rationalize that coinage, partly under the influence of the Marquis of Pombal's broader colonial economic reforms. These tiny gold pieces were the practical result: small enough for everyday transactions, precise enough to anchor a chaotic monetary environment.

KM#147.2 distinguishes this from the 147.1 variety by mint mark detail specific to the Goa facility.

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