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50 Escudos

Issuer Banco de Cabo Verde
Year 1977-1980
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Orientation Coin alignment ↑↓
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Obverse description The national arms of Cape Verde occupies the upper central field, consisting of a circular shield inscribed with the legend UNIDADE TRABALHO PROGRESSO surrounding a black star above a cogwheel and an open book, flanked by two stylised stalks of corn and two sea shells at the base, forming a wreath-like surround. Below the arms, the large numeral '50' is prominently displayed, with the word ESCUDOS and the date in smaller lettering beneath. The circular legend REPUBLICA DE CABO VERDE runs along the left and lower periphery of the coin.
Obverse script Latin
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Additional information

Cape Verde gained independence from Portugal in July 1975, and the Banco de Cabo Verde was established almost immediately to replace the colonial escudo with a national currency — one of the first concrete institutional acts of the new PAIGC-led government. These 50 Escudos pieces belong to the inaugural coin series, issued before the country had developed any domestic minting capacity, with production contracted to foreign facilities.

The series was short-lived; economic reforms and currency revaluations in the 1980s retired these early issues relatively quickly from circulation.