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Gold 1000 Escudos 1996

Portugal

1996

Reference data compiled from public catalogs

Estimated Melt Value

$2,421.40

Based on Gold spot price ($4,831.225/oz) · 91.7% purity · 17g

Updated 11:13 AM

Collector premium not included

Specifications

CountryPortugal
Years Minted1996
Composition0.917 gold
Weight17 g
Diameter28 mm
ShapeRound
EdgeReeded

Design

Obverse

Features the coat of arms of Portugal and the inscription 'REPÚBLICA PORTUGUESA'.

Reverse

Depicts the Olympic rings and a representation of a Portuguese athlete.

History & Notable Facts

This 1996 Portuguese 1000 Escudos gold coin was struck in 0.999 fine gold, weighing just over 15 grams, to mark Portugal's athletes at the Atlanta Olympics.

That's a specific choice, given the escudo was on its last legs before the euro took over. The obverse features the Portuguese coat of arms, encircled by the nation's name, while the reverse shows Olympic rings intertwined with a stylized athlete. It's a proof strike, with a mirror-like finish that reveals every detail under a loupe.

Mintage figures? They weren't well-documented, as records from that era at the Lisbon Mint can be spotty. If you're chasing one, expect a premium for its condition.

Gold coins like this one don't rust, unlike the hype that often does.

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