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5 Patacas

Issuer Macau
Year 1971
Type Standard circulation coin
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Obverse script Latin/Chinese
Obverse lettering MACAU 5 PATACAS
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Additional information

Macau's silver 5 Patacas coinage of this period was struck under Portuguese colonial administration, a jurisdiction that would persist until 1999. The .650 fine silver specification — lower than the earlier KM#5 issue — reflects a deliberate reduction made as silver prices climbed through the late 1960s, pushing the intrinsic value of higher-fineness coins dangerously close to face value.

The KM#5a designation distinguishes this alloy revision from its predecessor. Relatively low mintage figures and the coin's modest size kept it from heavy commercial circulation, which accounts for the frequency of better-preserved survivors today.

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