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500 Escudos 1985 Portugal

Portugal

1985

Reference data compiled from public catalogs

Estimated Melt Value

$1,747.43

Based on Gold spot price ($4,831.225/oz) · 90.0% purity · 12.5g

Updated 2:59 PM

Collector premium not included

Specifications

CountryPortugal
Years Minted1985
Composition90% gold
Weight12.5 g
Diameter28 mm
ShapeRound
EdgeReeded

Design

Obverse

Features the coat of arms of Portugal and inscriptions.

Reverse

Depicts a commemorative design with thematic elements and the denomination.

History & Notable Facts

The 1985 500 Escudos gold coin was struck to commemorate Portugal's entry into the European Community, a move that signaled the end of its isolationist era.

This piece, minted in Lisbon, features the Portuguese coat of arms on one side and a portrait of President Ramalho Eanes on the other. Weighing about 12.5 grams of 900 fine gold, it was produced in limited numbers for collectors and dignitaries. Exact mintage figures are murky; records from that period were poorly kept, possibly lost in bureaucratic reshuffles.

The obverse design echoes earlier Escudos, with subtle engravings that show the mint's craftsmanship, though the edge lettering is often worn from handling. If you're hunting one, check for the proof strike—it's the telltale sign of quality.

Some folks claim it's cursed, but that's nonsense; it's just a coin that sat in vaults too long.

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