Escudo of 1924

The 1924 Escudo was struck from 0.835 fine silver, a composition that mirrored Portugal's cautious economic policies amid rising dictatorship.

This coin, part of a series issued between 1924 and 1928, bore a simple design: the national coat of arms on one side and the denomination on the other. Mintage figures are murky; official records may have been lost in later upheavals. We know it was produced at the Lisbon mint, though some speculate foreign assistance due to domestic shortages.

As a numismatist who's turned over thousands of these, I'll say the real intrigue lies in its unadorned edges, which collectors sometimes file down thinking they're flaws. They aren't. That's just metalwork.