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5 Réis - Carlos I

Issuer Casa da Moeda de Lisboa
Year 1890-1906
Type Standard circulation coin
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Obverse script Latin
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Reverse description The denomination '5' appears in large numerals at the center of the field, with 'REIS' inscribed directly below in bold letters. The central design is flanked by two symmetrical sprigs forming a wreath: an olive branch to the left and an oak branch to the right, their stems tied at the base. The composition is set within a beaded border consistent with the obverse, and the plain field surrounding the denomination lends a clean, uncluttered appearance typical of late 19th-century Portuguese minor coinage.
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Additional information

Carlos I inherited a Portugal already deep in fiscal crisis — the government defaulted on its foreign debt in 1892, just two years into his reign, triggering a decade of austerity that constrained even routine coin production. The 5 Réis was the smallest denomination in circulation during this period, and its purchasing power had eroded so thoroughly by the early twentieth century that the type was quietly abandoned rather than formally replaced.

The Gomes reference distinguishes minor die variations across the emission years; early dates in the run are considerably scarcer than the later strikes.

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