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4½ Reis Portuguese India

Issuer Portuguese India
Year 2021
Type Fantasy coin
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Reverse description Central field features a detailed depiction of a Portuguese period sailing carrack or nau, shown underway on stylized waves with full sails set, masts, rigging, and visible gun ports along the hull. The legend 'GOA' appears in the lower exergue. The entire design is enclosed within a beaded border.
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Reverse lettering GOA
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Additional information

A 2021 steel restrike of a colonial-era denomination, issued by the Portuguese Indian numismatic program long after Goa's 1961 annexation by India ended any actual Portuguese monetary authority on the subcontinent. The 4½ reis denomination itself was a colonial oddity — fractional reis values were used in Portuguese India to reconcile the local system with indigenous bazaar coinage, producing denominations that had no clean equivalent anywhere else in the Portuguese empire.

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