Portuguese India Silver Coin Value 

Portuguese India Silver Coins

The history of silver coins in Portuguese India is intrinsically linked to the broader history of Portuguese colonial ventures in the Indian subcontinent. The Portuguese presence in India began in the early 16th century and lasted until the mid-20th century, fundamentally influencing the region's economy, culture, and coinage.

Early Portuguese Coinage

The Portuguese established their first trading post in India at Calicut in 1500, followed by the capture of Goa in 1510. Initially, the Portuguese used their own currency, but soon realized the need to mint coins locally to facilitate trade and administration.

Introduction of Silver Coins

In the early 16th century, the Portuguese began minting silver coins in Goa. The first silver coins were the "rèis" and "tangás". These coins were modeled on existing Indian and Middle Eastern coinage to gain acceptance among local traders and the population.

Significant Silver Coins

Among the significant silver coins minted during the Portuguese rule in India were:

• Rupia: Introduced in the 17th century, the rupia was equivalent to the Indian rupee and became a standard currency in Portuguese India.
• Xerafim: Another important silver coin, named after the Portuguese king, it was widely used for larger transactions.
• Pataca: This coin was introduced in the 19th century and remained in circulation until the end of Portuguese rule in 1961.

Design and Imagery

The design of Portuguese Indian silver coins often featured a blend of Portuguese and Indian elements. Common motifs included the coat of arms of Portugal, Christian symbols such as the cross, and inscriptions in Portuguese. Some coins also bore Arabic or Persian script to cater to the local populace.

End of Portuguese Coinage in India

The minting of silver coins in Portuguese India continued until 1961, when the Indian government annexed Goa, Daman, and Diu, bringing an end to over 450 years of Portuguese rule. Post-annexation, the Indian rupee replaced the Portuguese Indian currency.

Legacy

The silver coins of Portuguese India remain a fascinating chapter in numismatic history, reflecting the cultural and economic exchanges that occurred during the colonial period. These coins are now prized by collectors and historians alike for their historical significance and intricate designs.

In conclusion, the history of silver coins in Portuguese India is a testament to the enduring impact of Portuguese colonialism on the Indian subcontinent, leaving behind a rich legacy of numismatic heritage.