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200 Escudos Espingarda, Palladium
| Issuer | Imprensa Nacional-Casa da Moeda (INCM) |
|---|---|
| Year | 1993 |
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| Reference(s) | KM#666c, Gomes#R107.05 |
| Obverse description | The obverse features the Portuguese coat of arms at center, comprising the traditional shield with castles and besants, flanked by the date 1993 to the left and the denomination 200 ESC to the right. Above the shield, the legend REPUBLICA PORTUGUESA arcs across the upper field. The composition mark Pd 1 Oz. appears to the lower left of the shield. A stylized armillary sphere is depicted in the upper portion of the field, while undulating wave motifs adorn the lower field, evoking Portugal's maritime heritage. |
|---|---|
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| Mintage | 1993 incm - Proof - 2,000 |
| Additional information |
Portugal's 200 Escudos series of the late 1980s and early 1990s is unusual in that individual commemorative subjects were struck in multiple metals simultaneously — gold, silver, and in rare cases, palladium. The palladium strikes were produced in extremely limited quantities, aimed squarely at the precious metal investor and high-end collector market that briefly treated palladium coins as a viable bullion vehicle before the format largely disappeared from world mint programs by the mid-1990s.
The "Espingarda" issue commemorates Portuguese firearms development. KM#666c is the palladium variant within that release, struck to .9999 fineness — finer than most contemporary palladium coinage from other world mints.