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RUPIA DE GOA - Luiz I

Issuer Casa da Moeda de Lisboa
Year 1866-1869
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Value 1 Rupia = 600 Réis
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Obverse description Bare-headed effigy of King Luís I of Portugal facing left, with naturalistic hair rendered in fine detail. The king's bust is truncated at the shoulder and positioned centrally in the field. A circular Latin legend surrounds the effigy along the rim, reading LUDOVICUS I PORT ET ALGARB REX, with the date below the bust. The portrait is rendered in a neoclassical style typical of mid-19th century Portuguese coinage.
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Edge Reeded
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Additional information

Portugal's Indian colonial coinage occupied a genuinely awkward administrative position in the 1860s — Goa had maintained its own monetary traditions for centuries, and the rupia denomination was retained precisely because local commerce refused to denominate in réis. The Lisbon mint produced these for Goa's Estado da India rather than for metropolitan circulation, meaning most surviving examples passed through Goan bazaar trade rather than European hands.

The 1866–1869 production window coincides with broader Portuguese monetary reforms under Luís I, when Lisbon was simultaneously trying to rationalize colonial currencies while keeping Goa economically functional. A coin caught between two systems.

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