20 Reis - Carlos I Pattern

Carlos I's reign saw repeated attempts to overhaul Portugal's fractional coinage, and this 1903 pattern was part of a broader push to introduce copper-nickel into denominations that had long been struck in bronze. The reform never fully materialized for the 20 reis — Carlos was assassinated in Lisbon in February 1908, and the monarchy itself collapsed two years later, rendering the entire experimental series moot.

Gomes catalogues only a handful of confirmed specimens for this type.