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Dinheiro - Fernando I

Issuer Portugal
Year 1367-1383
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Reference(s) Gomes#Fe 01
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Reverse description Central design depicts a stylised royal castle or tower motif within a beaded inner circle, referencing the Algarve title and the Iberian heraldic tradition. The structure appears as a schematic fortified tower with crenellations, rendered in the crude but purposeful manner typical of 14th-century Portuguese hammered coinage. A peripheral legend in uncial Latin script encircles the central device between beaded borders, completing the royal titulature. The flan is irregular and the strike somewhat flat in places, consistent with hand-hammered production of the period.
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Mintage ND (1367-1383)
Additional information

Fernando I's reign was defined almost entirely by military overreach and its fiscal consequences. Three wars against Castile between 1369 and 1382 drained the treasury and forced successive debasements of the Portuguese billon coinage — the dinheiro bearing the brunt of that degradation. By the reign's end, silver content had been shaved to levels that rendered the denomination barely distinguishable from copper in everyday exchange.

Fernando died without a male heir in 1383, triggering the succession crisis that brought the House of Aviz to power the following year.

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