Portuguese 100 escudos

14 posts

» Quick access to the last post

https://en.numista.com/catalogue/pieces7187.html
https://en.numista.com/catalogue/pieces7168.html
Are these coins made for circulation?
Or it was just non-circulating commemorative coins?
Yes they circulated
Kenny

- Verifying your Asian and British-territorial coins everyday with the best quality photos and the best information.

Check out my Facebook, Kenneth Gucyski.
Let´s say... these big 100 and 200 escudos coins were accepted as payment back at that time...

A few had circulated, personally I´ve only received it ONCE ever in a change (in more than 10yrs), so 80% are in UNC or BU now, as they were kept by collectors, distribution was made at facial value.
Bimetallics editions yes, they circulated among the others of the same denomination.
Maybe a portuguese official statement from the bank can be found?
What do you think pietr?
Those coins are comemorative but (of course) with legal order to circulate by that time in Portugal.
Of course the majority was gatered by colectors. The 200$00 comemorative with mintage of around 1 000 000 coins each are also comemorative with legal circulation value.

Regards from Portugal,
Nuno.
Quote: kommodoreMaybe a portuguese official statement from the bank can be found?
What do you think pietr?
Well, to be true all the 100, 200, 250, 500 and 1000 escudo coins in my collection are xf/unc. Never ever got one during holidays. Nowadays you can buy these coins at the local coins markt for a good price.
By the way the silver versions are somehow expensive but they're, beautiful, heavy and thus worth it.
Cents are money too!
Hi, those coins were commemorative issues so they dont circulate.
Hi!  :)

This coins was common in circulation. I found this coins and the 1000 escudos (silver) every week in a small grocery where my uncle worked.

Seems that the collectors forgot that the regular coins of 100 and 200 escudos bimetallic doesn't was issued for circulation between 1993 and 1996 because the number of this copper-nickel commemorative coins in circulation was enough to supply the requirements.
Quote: EurekaThose coins are comemorative but (of course) with legal order to circulate by that time in Portugal.
Of course the majority was gatered by colectors. The 200$00 comemorative with mintage of around 1 000 000 coins each are also comemorative with legal circulation value.

Regards from Portugal,
Nuno.
Exactly. The major problem is that who see this coins in circulation keep it to himself. So lot of those coins became rare to see in circulation.
The same for the euros, like 2.50€. Lot of them was sent to circulation but in a few days it disappears completely from the change.
For a regular guy commemorative coins seems like a treasure.  :D
Just trying to shed some light on this matter...

The coins you mentioned are most certainly commemorative issues and were not made for regular circulation.
The thing with Portuguese commemorative coins is that all of them are legal tender so they may be used as regular money.

So it is possible to get this in your change but it does not make them normal circulating coins.
Just to give you an example, my brother got these two 8€ silver coins as change in a coffee shop:
and these of course are not circulating coins.
Yes every coin above 2 euro is definitely officially not circulating (although they may do so)
Quote: kommodoreYes every coin above 2€  is definitely officially not circulating (although they may do so)
In case of the Portuguese commemorative euro coins they are legal tender only in Portugal.
So if you want you can pay with them but only in Portugal.

There are also the 2€ commemoratives. This are a special case.
Although they are commemorative they are also circulating issues and as so they can be used in all the Eurozone as legal tender.

Any Eurozone member can issue a maximum of 2 of this per year in addition to the normal 2€ coin.
By going to the Portuguese mint website you can get many many many different commemorative coins in many different denominations for face value. They are commemorative in nature, but can circulate in function.
Library Media Specialist, columnist, collector, and gardener...
For each coin there is a law describing the coin, the commemorative event, the number of coins to be minted and the maximum number of coins that can be used in one payment.
Therefore, they are official issues that could be used for payments. However, it was very rare to receive one of those coins in a transaction.

The same law also authorizes a small number of coins to be issued in a more noble metal or with special finishing (BU or Proof). Those are not circulating issues since they were sold with values above the face value.

Until 1960 we had rare commemorative issues but, after 1975, they became a plague with issues almost every month. They did the same think with philatelic issues: -Every month we had a new set of stamps ending in high values never used in a normal post parcel.

I have given up of collecting those coins and stamps.
Referee to Old Portuguese colonies

» Forum policy

Used time zone is UTC+1:00.
Current time is 13:47.