The 100 Escudos Diogo Cão 1987 coin from Portugal – History, details and value

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The 100 Escudos Diogo Cão 1987 coin from Portugal – History, details and value

This Portuguese commemorative coin belongs to the 1st series of the “Discoveries” program (“À Descoberta de África”). It was issued in several versions and metals (cupronickel for general commemorative use, and silver/gold editions for collectors/proof). Below is a detailed description, including technical features and numismatic value.

Design and Symbolism

  • Obverse: features the Portuguese Coat of Arms and the inscription “REPUBLICA PORTUGUESA,” along with the face value “100 ESCUDOS.” The central elements resemble a compass or navigational motif, evoking the Age of Discoveries.
  • Reverse: shows the name Diogo Cão, the symbolic date “1486,” and imagery related to navigation routes — a modern composition inspired by a stylized compass rose and maritime elements, recalling the voyages of Portuguese explorers.

Technical Specifications (most common variants)

There are three main variants referenced in collector catalogs and markets:

  1. Cupronickel (most common)
    • Metal: Cupronickel
    • Weight: ≈ 16.5 g
    • Diameter: ≈ 33.5–34 mm
    • Edge: Reeded
    • Catalog reference: KM#641
  2. Silver (collector edition)
    • Composition: 92.5% silver (sterling silver)
    • Weight: ≈ 16.5 g
    • Diameter: 34 mm
    • Catalog reference: KM#641a
  3. Gold (proof / collector edition)
    • Composition: 91.6% gold (22K listed in some sources)
    • Weight: ≈ 24 g (approx. 22 g fine gold depending on edition)
    • Diameter: 34 mm
    • Proof/limited release, much higher market value

Note: Exact details (especially gold fine weight) may vary slightly depending on the specific proof edition. It’s best to check the original certificate when buying or selling.


Designer and Mint

  • The engraver associated with this series is Paulo Guilherme d’Eça Leal, and the coin was struck by the Imprensa Nacional – Casa da Moeda (Portuguese Mint, Lisbon).

Mintage and Circulation

  • The cupronickel version is the most common. Sources indicate a relatively high mintage (around 1,000,000 units for the standard issue), which explains its wide availability on the collectors’ market.

Numismatic Value — Practical Guidance

Market value varies according to material, condition, and presence of original packaging/certificates (in the case of proofs). Approximate ranges observed in shops and listings:

  • Cupronickel (circulated or worn): typically a few euros, often ~€2–€10 depending on condition. Because the issue is common, values remain modest.
  • Cupronickel (UNC / uncirculated): may reach €10–€30 when in excellent, pristine condition.
  • Silver edition: higher value than cupronickel; price depends on rarity, condition, and demand — usually above the intrinsic metal value.
  • Gold / Proof editions: significantly more valuable, often hundreds to over a thousand euros depending on the market, due to precious metal content and limited proof status.

Key point: The standard cupronickel coin is collectible but not rare; its value is mostly historical and thematic rather than financial. Proof editions (especially gold) are the ones with strong investment value.


How to Evaluate / Buy / Sell

  • Condition matters greatly: use the standard grading scale (circulated, VF, XF, AU, UNC, FDC). Even small marks reduce value on base-metal coins.
  • Original packaging/certificates increase the value of silver and gold editions.
  • Minting errors (double strikes, off-center, etc.) may increase value — have them checked by a specialist if suspected.
  • Catalog references (e.g., KM numbers) are helpful to confirm the exact variant before pricing or trading.

Conclusion — Who Is This Coin For?

  • Thematic collectors of Portuguese Discoveries will appreciate this coin as part of the series; the cupronickel version is affordable and easy to acquire.
  • Precious metal investors may prefer the gold or silver proof editions, which combine metal value with collectible status.
  • Private sellers should expect modest prices for the standard version, unless the piece is in outstanding uncirculated condition or a precious-metal edition.
100 Escudos Diogo Cão 1987 de Portugal
100 Escudos Diogo Cão 1987 de Portugal