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2 Escudos 1924 Portugal

Portugal

1924

Reference data compiled from public catalogs

Estimated Melt Value

$21.70

Based on Silver spot price ($80.83/oz) · 83.5% purity · 10g

Updated 5:37 PM

Collector premium not included

Specifications

CountryPortugal
Years Minted1924
Composition83.5% silver
Weight10 g
Diameter28 mm
ShapeRound
EdgeReeded

Design

Obverse

The obverse features the coat of arms of Portugal.

Reverse

The reverse depicts the value '2 ESCUDOS' and the year 1924.

History & Notable Facts

The 1924 2 Escudos coin from Portugal was struck during a period of fiscal reform, using silver that likely came from the country's dwindling colonial reserves.

That makes it a tangible link to Portugal's fading empire, right as the First Republic grappled with economic woes. The obverse shows the national coat of arms, encircled by the country's name, while the reverse simply states the denomination and date. It's composed of 0.835 fine silver, weighing in at 2.5 grams, and was produced at the Lisbon mint.

Exact mintage figures? Those went up in smoke during the 1974 revolution's chaos, so we're left guessing. As for myths, no, it won't bring you good luck—just a bit of wear from circulation.

Some collectors overlook it for flashier pieces, but that's their loss.

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