20 Escudos Gold
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
$901.68
Based on Gold spot price ($4,831.225/oz) · 90.0% purity · 6.45g
Updated 1:05 PM
Collector premium not included
Specifications
| Country | Portugal |
| Years Minted | 1932 |
| Composition | 0.900 gold |
| Weight | 6.45 g |
| Diameter | 21 mm |
| Shape | Round |
| Edge | Reeded |
Design
Obverse
Features the coat of arms of Portugal.
Reverse
Depicts the denomination and year within a wreath.
History & Notable Facts
The 1932 20 Escudos gold coin was struck just after Portugal abandoned the gold standard in 1931, a quiet nod to fading economic certainties.
Weighing in at 6.45 grams of .900 fine gold, it featured the Portuguese coat of arms on one side and the value encircled by a wreath on the other. That's straightforward, no myths about hidden messages. Mintage figures? They're murky; records from that era were spotty, possibly lost in bureaucratic reshuffles.
As a circulation piece, it saw everyday use, from Lisbon markets to rural exchanges. Not every gold coin ended up in a vault. Some folks melted them down during hard times, which is why survivors are scarce.
Oh, and if you think it's cursed because of the global depression, that's nonsense. It's just a coin.
Buy on eBay
AI Analysis & Price Prediction
The 20 Escudos Gold has shown consistent appreciation over the past decade. Based on historical auction data, population reports, and current market sentiment, our AI model projects...
Get AI-powered analysis for this coin
Unlock with Pro — $9.99/mo