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São Tomé de 5 Xerafins - Pedro II Goa mint

Issuer Portuguese India
Year 1701
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Value 5 Xerafins
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Obverse script Latin
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Reverse lettering S . T H O M E 17___01
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Additional information

The xerafim was a unit of account deeply embedded in Goa's Indo-Portuguese economy, but gold issues of this denomination were struck only intermittently, making any early eighteenth-century survivor genuinely scarce. Pedro II's reign ended with his death in December 1706, and the Goa mint — operating under chronic supply pressures from disrupted trade routes and ongoing conflict with the Marathas — produced gold in quantities far below its silver output during these years.

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