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Bazaruco - João III Goa mint

Issuer Portuguese India
Year 1522-1557
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Value 1/4 Bazaruco = 0.5 Reais (1⁄720)
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Edge Plain
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Additional information

João III inherited a Estado da India already strained by the cost of maintaining fortified feitorias from East Africa to the Malacca Strait, and the bazaruco was the workaday fractional coinage that kept local markets in Goa functioning when silver was too valuable to subdivide further. The type was minted to satisfy small transactions in a city that the Portuguese had seized from the Adil Shah of Bijapur in 1510 and were aggressively rebuilding as a commercial hub.

Gomes lists several die variants within this reign, reflecting continuous small-batch production across three decades rather than a single organized issue.

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