Portugal Silver Coin Value 

Portugal Silver Coins

The history of silver coins in Portugal is rich and spans several centuries, reflecting the country's economic and cultural evolution. Below is a chronological overview of the significant periods and events in the history of Portuguese silver coinage.

Medieval Period

During the medieval period, Portugal began minting its own coinage. The earliest Portuguese coins were made of silver and were known as dinheiros. These coins were influenced by the coinage of neighboring kingdoms and the broader European monetary system.

Reign of King Afonso I (1139-1185)

King Afonso I, the first King of Portugal, initiated the minting of silver dinheiros in the 12th century. These coins were small and featured simple designs, reflecting the fledgling nature of the Portuguese kingdom.

15th and 16th Centuries

The Age of Discoveries brought immense wealth to Portugal, leading to the proliferation of silver coinage. Portuguese explorers and traders brought back precious metals from their expeditions, significantly impacting the country's economy.

Portuguese Real

The real became the standard currency unit during this period. Silver reais were minted in various denominations, and their designs often depicted the reigning monarch and Portuguese coat of arms.

King Manuel I (1495-1521)

Under King Manuel I, the Portuguese coinage system was reformed, and the real became more standardized. The cruzado, a large silver coin, was introduced during his reign and became widely used in international trade.

17th and 18th Centuries

The 17th and 18th centuries saw continued use and evolution of silver coinage in Portugal. However, economic challenges and the impact of wars also affected the coinage system.

Colonial Influence

Portugal's extensive colonial empire influenced its coinage, with silver coins being minted in overseas territories such as Brazil. These coins often bore the same designs as those minted in Portugal but were adapted for local use.

19th Century to Present

The 19th century brought significant changes to the Portuguese monetary system, including the introduction of new denominations and the transition to a decimal system.

Monarchy to Republic

Silver coinage continued to be issued during the reigns of the last Portuguese monarchs. After the establishment of the Portuguese Republic in 1910, new designs reflecting republican ideals replaced the royal imagery on the coins.

Euro Adoption

In 2002, Portugal adopted the euro (€) as its official currency, replacing the escudo. While the euro coins are not made of silver, commemorative silver coins continue to be issued for collectors and special occasions.

Conclusion

The history of silver coins in Portugal is a testament to the country's economic and cultural development over the centuries. From the early dinheiros to the modern commemorative issues, these coins offer a fascinating glimpse into Portugal's past.