10 Escudos Commemorative 1960 obverseObverse

Image: Wikimedia Commons · Impresa Nacional - Casa da Moeda (coin), Don Norris (photograph) · Public domain

10 Escudos Commemorative 1960

Portugal

1960

Reference data compiled from public catalogs

Estimated Melt Value

$21.96

Based on Silver spot price ($80.83/oz) · 65.0% purity · 13g

Updated 2:53 PM

Collector premium not included

Specifications

CountryPortugal
Years Minted1960
Composition65% silver
Weight13 g
Diameter29 mm
ShapeRound
EdgeReeded

Design

Obverse

Features the coat of arms of Portugal.

Reverse

Depicts Prince Henry the Navigator to commemorate the 500th anniversary of his death.

History & Notable Facts

This 10 Escudos coin from 1960 features a detailed obverse portrait of Prince Henry the Navigator, commemorating the 500th anniversary of his death in a design that echoes Renaissance medal-making.

Struck in .650 fine silver at the Lisbon Mint, it weighs 13.5 grams and has a reeded edge, typical of Portuguese issues from that era. The reverse shows a caravel under sail, symbolizing exploration, with the date and denomination clearly inscribed. While exact mintage figures are murky—records from the Salazar regime weren't always reliable—this one circulated briefly before being hoarded.

I'm not sure why some folks think it brings good luck, but that's just superstition.

Its value today depends on condition, though even well-worn examples fetch a modest premium among European specialists.

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