The 200 Escudos coin of 1992 — known as “New World – America” — is a commemorative issue from the Imprensa Nacional – Casa da Moeda (INCM), part of the Portuguese Discoveries series.
Historical Context and Significance
- This coin was minted in 1992 to celebrate the 500th anniversary of Christopher Columbus reaching the Americas (1492), an event that marked the so-called “New World.”
- It belongs to the third thematic series of the Portuguese Discoveries collection — “Sailing West / New World – America.”
Physical Characteristics and Design
| Feature | Detail |
|---|---|
| Denomination | 200 Escudos (200 PTE) |
| Year | 1992 |
| Metal / Composition | Cupronickel |
| Weight | 21.1 g |
| Diameter | 36 mm |
| Thickness | Approx. 2.8 mm |
| Shape / Edge | Round; reeded edge |
| Legal Status | Demonetized (no longer in circulation since the Euro adoption) |
Design and Iconography
- Obverse: Features the coat of arms of Portugal at the center, flanked by two compasses and lines evoking a nautical chart — referencing Portugal’s maritime history. The inscription includes “REPÚBLICA PORTUGUESA – 200$00 – S. MACHADO – INCM.” Engraver: R. de Sousa Machado.
- Reverse: Shows a portrait of Christopher Columbus, with his signature “Xpõ FERENS” on the right. Above to the left, the three ships of the expedition are depicted — the Santa Maria and the caravels Niña and Pinta. Below is a map of northern Hispaniola (the island where the first European settlement in the Americas, Fort Navidad, was established). The inscriptions “NOVO MUNDO – AMÉRICA – 1492 – 1992 – LA ESPAÑOLA” complete the symbolism.
This design celebrates both the historical anniversary and Portugal’s maritime and discovery heritage.
Mintage and Circulation
- The regular cupronickel issue had a relatively high mintage, approximately 1,300,000 units.
- As a circulation coin, most examples experienced wear and handling.
- After the introduction of the Euro, the coin was demonetized.
Numismatic and Collector Value
The value of a 200 Escudos 1992 “New World – America” coin depends largely on condition (wear, scratches, original luster, etc.):
- Circulated coins are relatively accessible in the collector market. Recent listings show prices around €4–5 for coins in good condition.
- Uncirculated / Mint state coins can fetch higher values, though not extreme, due to the high mintage.
- Special versions (silver, gold, or platinum) for collectors are much more valuable. The silver version (925‰) weighs about 26.5 g.
- Gold or platinum editions command prices reflecting the precious metal content and rarity.
Note: Most 200 Escudos 1992 coins found today are the common cupronickel version — not highly valuable. Significant value increases only in exceptional cases (mint state or special editions).
Final Considerations
The 200 Escudos 1992 “New World – America” coin is an interesting historical tribute — highlighting Portugal’s maritime discoveries and references to the “New World.” Despite being demonetized, it remains sought after by collectors, especially those interested in the Age of Discoveries.
If you own one in good condition, it may be worthwhile to keep it or offer it to collectors, though high values are uncommon, except for rare editions.
