2 1/2 Escudos 1932 Portugal
Portugal
1932
Reference data compiled from public catalogs
Market Price Range
Based on 7 eBay listings · Prices vary by grade and condition
Estimated Melt Value
$18.44
Based on Silver spot price ($80.83/oz) · 83.5% purity · 8.5g
Updated 5:37 PM
Collector premium not included
Specifications
| Country | Portugal |
| Years Minted | 1932 |
| Composition | 83.5% silver |
| Weight | 8.5 g |
| Diameter | 26 mm |
| Shape | Round |
| Edge | Reeded |
Design
Obverse
Features the Portuguese coat of arms surrounded by the national motto.
Reverse
Displays the denomination and the year, with possible decorative elements.
History & Notable Facts
This 1932 2 1/2 Escudos pattern was struck in silver, using planchets likely sourced from existing bullion reserves amid Portugal's economic turbulence.
That made it a rarity even then, as most escudo designs of the era opted for cheaper metals to weather the Great Depression. The coin's obverse features a simple portrait of a Portuguese dignitary, while the reverse nods to national symbols, all rendered with the crisp detail typical of pattern strikes.
Mintage figures? They're murky. Records from the Lisbon mint often went up in smoke during administrative reshuffles, so we can't pin down exact numbers.
The Estado Novo regime, just taking shape, probably viewed this as a test piece for their currency overhaul. It never entered circulation.
Patterns like this one remind me of unfinished symphonies—elegant, but ultimately unheard.
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