Catalog
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| Issuer | Banco de Portugal |
|---|---|
| Year | 1999 |
| Type | Non-circulating coin |
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|---|---|
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| Obverse lettering | REPUBLICA PORTUGUESA INCM 500 ESCUDOS |
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| Reverse script | Latin/Chinese |
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| Additional information |
Portugal's handover of Macau to the People's Republic of China on 20 December 1999 closed 442 years of Portuguese administration — the longest-running European colonial presence in Asia. Banco de Portugal issued this piece as part of a broader commemorative program marking the transfer, which came nearly two and a half years after the British handover of Hong Kong in 1997. The "foil" bimetallic construction — silver centre set in a gold alloy ring — was a technically demanding format that the Portuguese mint had refined through earlier commemorative programs in the 1990s.