Madeira has no independent monetary authority — these pieces were struck under Portugal's euro allotment and carry regional identification as a collector-market decision, not an administrative one. The islands had used Portuguese escudo coinage without regional distinction for decades prior to the 2002 euro transition.
Madeira has no independent monetary authority — these pieces were struck under Portugal's euro allotment and carry regional identification as a collector-market decision, not an administrative one. The islands had used Portuguese escudo coinage without regional distinction for decades prior to the 2002 euro transition.