Coins tell stories — literally!
Before the euro and the escudo, Portugal had centuries of minted metal featuring kings, mysterious symbols, and even a few curious mistakes that are worth fortunes today.
Get ready for a journey through time with these 10 fascinating facts that will make you look at your coins in a whole new way.
1. The first Portuguese coin was born in… Coimbra!
In the 12th century, under the reign of King Afonso Henriques, the first officially Portuguese coin appeared — a silver dinheiro. Minted in Coimbra, it bore a cross and Latin inscriptions. Simple, yet powerful: it marked the birth of a kingdom.
2. A coin that smelled of conquest
During the Age of Discovery, Portugal carried its coins across the globe. In Goa, Brazil, and even Japan, Portuguese cruzados and tostões were so respected that they became models for local currencies.
Globalization started here — with Portuguese metal in people’s pockets!
3. The “mistake” worth gold
In 1955, a batch of 2.50 escudo coins was minted with a misprint — the words República Portuguesa were misplaced.
Today, these “error coins” can fetch hundreds of euros among collectors.
Moral of the story? Never underestimate a metallic typo!
4. King João V and the coins of pure luxury
Known as the “Portuguese Sun King”, João V ordered the minting of solid gold coins worth 12,000 réis, some made exclusively as diplomatic gifts.
Legend has it that one of these coins ended up in the Pope’s hands — 18th-century luxury diplomacy at its finest!
5. Square coins?!
Not all coins were round. During the reign of King Pedro II, a few square copper coins were produced.
Rare and unusual, they’re now true museum pieces — avant-garde design from the 17th century.
6. A commemorative coin with… a literary scent
In 1982, the Bank of Portugal issued a 100 escudo coin to celebrate the 100th anniversary of Fernando Pessoa’s birth.
On its face, the poet appears thoughtful, wearing his trademark hat — a poetic and metallic tribute to the greatest writer in the Portuguese language.
7. The escudo that “traveled” into the future
Did you know that the last Portuguese escudo, minted in 2001, already featured design elements inspired by the euro?
It was like an early farewell — a graceful goodbye to a currency that served the country for 86 years.
8. The mystery of the “kingless coin”
During the French Invasions, some coins were struck without the monarch’s portrait — either due to lack of royal approval or sheer political chaos.
Today, they are extremely rare reminders of a time when even money lost its head!
9. Talking coins
Many symbols on coins carry hidden meanings: towers and castles represent national strength, the armillary sphere celebrates maritime discoveries, and the quinas (the five shields) recall Portugal’s victories over the Moors.
Each detail is a miniature lesson in history.
10. The most expensive coin in Portugal
The legendary “Peça of King João V” (1722) is considered the most valuable Portuguese coin.
Made of gold and weighing over 170 grams, one specimen was auctioned for more than €500,000 — truly a royal treasure!
Bonus fact: Metal messages from the past
Some collectors call ancient coins “messages in metal” — and it makes perfect sense.
Engraved in them are the victories, rulers, and transformations that shaped Portuguese history.
If you enjoyed these curiosities, share this article with someone who loves history and hidden treasures.
Who knows — you might have a forgotten fortune sitting in an old drawer!