Goa Rupia
Portugal
1886–1959
Reference data compiled from public catalogs
Market Price Range
Based on 19 eBay listings · Prices vary by grade and condition
Estimated Melt Value
$27.79
Based on Silver spot price ($80.83/oz) · 91.7% purity · 11.66g
Updated 1:05 PM
Collector premium not included
Specifications
| Country | Portugal |
| Years Minted | 1886–1959 |
| Composition | 91.7% silver, 8.3% copper |
| Weight | 11.66 g |
| Diameter | 29 mm |
| Shape | Round |
| Edge | Reeded |
Design
Obverse
Features the crowned arms of Portugal.
Reverse
Depicts the denomination within a wreath.
History & Notable Facts
The Goa Rupia was minted at the Bombay Mint for use in Portuguese India, an arrangement that highlighted the pragmatic outsourcing of colonial coinage.
This silver coin, denominated from 1 to 960 réis, bore the profile of Portuguese kings like Carlos I on its obverse. The reverse typically featured the Portuguese coat of arms or value in Arabic numerals, reflecting a blend of European and Indian influences. Struck between 1886 and 1959, these pieces circulated in Goa amid a mix of currencies, including the British Indian Rupee.
Exact mintage figures for many years are murky; records from Lisbon might have been lost in bureaucratic shuffles. Still, survivors often show wear from heavy use in trade.
Demand for these coins waned after India's independence, turning them into quiet relics. As for myths, the idea that they were hoarded like treasure is overblown—they were just money.
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