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5 Reis - José I PANO

Issuer Angola
Year 1770-1771
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Value 5 Réis
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Obverse description Central field features the crowned Portuguese royal arms, depicting a quartered shield with the traditional quinas (five escutcheons) and castle elements, surmounted by a royal crown. The shield is rendered in moderate relief typical of colonial copper coinage of the period. A continuous circular legend in Latin surrounds the device, reading JOSEPHUS·I·D·G·REX·P·ET·D·GUIN·, identifying King José I by the grace of God as King of Portugal and Lord of Guinea. The coin's rim is defined by a plain border consistent with milled colonial production.
Obverse script Latin
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José I's Angola copper issues of 1770–71 were struck under the administrative apparatus of the Estado da India framework repurposed for the Atlantic colonies, at a moment when Pombal's reforms were actively reshaping Portuguese colonial currency policy. The "PANO" denomination is the critical detail here: it reflects a direct conversion into the local cloth-currency unit that had functioned as a medium of exchange in Angolan trade for generations, an acknowledgment that imposing metropolitan coinage values without local reference points had repeatedly failed.