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50 Centavos

Issuer Casa da Moeda (Lisbon)
Year 1945
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Composition Bronze
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Obverse description The obverse features the denomination '50' in large numerals prominently centered in the field, with the word 'CENTAVOS' inscribed below in a straight legend. The circular legend 'REPUBLICA PORTUGUESA' runs along the periphery, reading from lower left to upper right. The design is plain and typographic in character, with no central effigy or figurative motif, emphasizing the numeral as the principal design element.
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Reverse script Latin
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Additional information

Portugal struck bronze 50 Centavos pieces throughout the Estado Novo period, and the 1945 issue falls squarely within Salazar's wartime economic grip. Despite Portugal's official neutrality in World War II, the regime faced acute material pressures — tungsten exports to both Allied and Axis powers had strained domestic resources and drawn intense diplomatic scrutiny. Bronze coinage continued largely uninterrupted, a deliberate signal of monetary stability in a country walking a careful geopolitical line.

KM#73 ran across multiple decades with minimal modification, which makes date-specific attribution the only meaningful way to place a given piece within the political and economic moment of its striking.

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