Vintem - Manuel I Gothic M, •P•, Porto mint

Manuel I inherited the Portuguese throne in 1495 at a moment when Vasco da Gama's India voyage was already in preparation, and the Crown's fiscal demands on the Lisbon and Porto mints intensified sharply throughout his reign as spice trade revenues required coinage infrastructure to match. The Porto mint — identified here by the •P• mark — operated with periodic interruptions during this period, making its output generally scarcer than contemporary Lisbon issues.

The Gothic M designation distinguishes this early type from the later Manueline issues, placing it within the first phase of his coinage reform.