500 Escudos 1998 Portugal
Portugal
1998
Reference data compiled from public catalogs
Market Price Range
Based on 10 eBay listings · Prices vary by grade and condition
Estimated Melt Value
$3,019.56
Based on Gold spot price ($4,831.225/oz) · 90.0% purity · 21.6g
Updated 1:05 PM
Collector premium not included
Specifications
| Country | Portugal |
| Years Minted | 1998 |
| Composition | 0.900 gold |
| Weight | 21.6 g |
| Diameter | 28 mm |
| Shape | Round |
| Edge | Reeded |
Design
Obverse
Features the armillary sphere and the royal crown.
Reverse
Depicts the denomination and the year.
History & Notable Facts
This 500 Escudos coin from 1998 was struck from 22-karat gold, making it one of Portugal's last bullion issues before the escudo's demise with the euro's arrival. That purity level, at 91.6 percent fine, ensured it met international bullion standards for trade.
Weighing in at 15.5 grams, it featured a simple design: Bartolomeu Dias on the obverse, symbolizing Portugal's maritime past, and the national coat of arms on the reverse. Mintage figures are murky; records from the Lisbon mint weren't always reliable in those years.
Bullion coins like this one rarely circulated; they sat in vaults, waiting for market swings. Some collectors still hunt them, thinking they're a hedge against inflation.
The idea that every Portuguese coin carries a curse? That's just lazy folklore.
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AI Analysis & Price Prediction
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