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| Issuer | Imprensa Nacional Casa da Moeda (INCM) |
|---|---|
| Year | 1986-2001 |
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| Composition | Log in to see details |
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| Diameter | 31 mm |
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|---|---|
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| Obverse lettering | REPUBLICA PORTUGUESA 19 88 50 ESCUDOS E. VAZ incm (Translation: Republic of Portugal 1988 50 Escudos E. VAZ incm) |
| Reverse description | A stylized medieval carrack or caravel is depicted sailing to the left, rendered in a bold, graphic manner evoking Portugal's Age of Discovery. The vessel features a prominent billowing sail bearing a Portuguese shield motif and a detailed hull with decorative elements. In the lower field, three fish are shown swimming in a row beneath the ship's keel, referencing Portugal's maritime heritage and fishing traditions. The entire composition is enclosed within a plain inner border, with the design filling the field in a dynamic, slightly abstract artistic style. |
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| Additional information |
Portugal's entry into the European Economic Community on January 1, 1986 coincided almost exactly with the beginning of this series, and the timing was not accidental — the escudo's purchasing power had been gutted by the inflationary chaos following the Carnation Revolution of 1974 and the subsequent colonial withdrawals. A 50 escudo coin that once represented meaningful daily value had, by the mid-1980s, become largely transactional small change.
The series ran until 2001, retiring just ahead of euro adoption in 2002.