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 Replies: 960 / Views: 62,737 |
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Pillar of the Community
 United States
3659 Posts |
That's a fascinating coin, hfjacinto! Thanks for the background information, that was a very interesting read.
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Pillar of the Community
 United States
7293 Posts |
Thanks @Hokie and Jbuck! But to tell you the truth, I make all of this up! I'm not even Portuguese  JUST KIDDING. I was born in Portugal and go when I can. I am also into its history, on the flight home, I finished "A Short History of Portugal" and before I went I read "An Economic History of Portugal, 1143-2010". These books are what I use to add some "sabor" or flavor to my posts. I am happy to bring you the coins and currency of my home country. It's a great place to visit and explore. The coins are as unique as the country is.    Edited by hfjacinto
02/24/2023 3:15 pm
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Moderator
United States
189528 Posts |
Quote:
These books are what I use to add some "sabor" or flavor to my posts.  Quote:
I am happy to bring you the coins and currency of my home country. It's a great place to visit and explore. The coins are as unique as the country is.  |
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Pillar of the Community
 United States
5192 Posts |
Beautiful coin and great post on its history, hfjacinto!
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Pillar of the Community
Australia
9449 Posts |
Great coins, great pictures and wonderful history. Love following this thread.
My neighbour from across the street is from Portugal (his wife is Spanish, or I should say was, they are now divorced),
and that is where I got my first few 50 centavos from. I liked those coins so much that I made an effort to complete
that set and it was my first completed set.
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Pillar of the Community
Russian Federation
1557 Posts |
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And here is the coin. And yet I like the slab PCGS more than other companies. I found information about the circulation of a million pieces, but this is apparently in the usual versions not matte. The coin is large, silver. Super replenishment  |
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Pillar of the Community
Portugal
674 Posts |
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What this resulted in was that the Industrial Revolution that took hold in other countries never took hold in Portugal. This was all good (well not really) until Napoleon came to Portugal. The Monarchy left to Brazil, the dukes and aristocracy had to fend for themselves. This caused a little bit of resentment to the monarchy. So when the Monarchy came back in ~1820, the dukes and aristocracy wanted a say in the country. So we have 2 competing groups the Liberalist which wanted French and USA type democracy and the Absolutists that wanted a strong Monarchy. These 2 groups kept fighting it out between each other for 90 years.
Meanwhile the poor farmers are still poor.
Eventually the Liberalists, killed the reigning monarchs, and then deposed the last ruler and decided to take a stab at running the country. Which they did terribly. Resulting in the New State and the dictatorship under Salazar. The industrial revolution don't take hold for two big reasons. Portugal lacked big coal and iron mines it needed. And Napoleon's armies pillaged and burned several of the existing manufactures, started under the government ob Pombal in imitation of the french. The civil wars between absolutists and liberals made a bad situation only worse. There could be no first industrial revolution in Portugal without the raw materials for it. Coal must be imported from England. There was no possibility of portuguese manufactures competing with english exports. The mint imported a steam engine, and coal, from england. But could not compete with the London Mint for orders to produce coin for other countries, England had cheaper energy. Workers were poor everywhere then, they earned little more than to eat. Look where in Europe and North America there was plentiful coal and iron, those were the places of industry in the nineteenth century. Others who lacked it stayed behind until oil and electricity changed industry. |
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Pillar of the Community
United States
7293 Posts |
Portugal did and does have access to coal , but they don't have iron. But Portugal does have tin, copper, tungsten and other alloys.
Portugal could have exported cement, tile and other produced items. The Industrial Revolution didn't take hold as much as not having coal but also for failing to capitalize on its water power and failing to bring the rural poor along with the richer cities. Hard to produce manufactured goods when more than 50% is poor and has no to access to the goods. Coupled with Salazar spending money on the colonial wars instead of on infrastructure caused Portugal to take longer to develop its economy. The estádio novo was also selective in who they gave resources/infrastructure to. The town that I was from was "punished" as the town was considered "comunista" therefore electricity and water want available until after 1974. And Caldas also wasn't developed as much as other areas due to the first failed overthrow attempt.
I'm not disagreeing with your post, I think in many cases we say the same thing.
It's also good to see some Portuguese on here :)
Edited by hfjacinto
02/26/2023 3:11 pm
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Pillar of the Community
Portugal
674 Posts |
Nice to find a fellow countryman here. Won't put pics from my coins because I don't want to steal the topic!
I am more into the eighteenth century portuguese coins. But the republic also put out good ones. Those eleven sets on the navigation and discoveries were great.
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Pillar of the Community
United States
7293 Posts |
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I am more into the eighteenth century portuguese coins You should start a thread on 18th century Portuguese coins, you might give me some ideas  |
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Pillar of the Community
United States
7293 Posts |
One more to add to the list. This coin doesn't have a story, but it does have beautiful purplish hue. 1867 was the first year of issue. Its also one I didn't have in this grade. The coin:     Issuer:Portugal King Luís I (1861-1889) Type:Standard circulation coin Years: 1867-1879 Value: 5 Reis Currency Real (decimalized, 1835-1910) Composition: Copper Weight: 6.30 g Diameter: 27 mm Shape: Round Orientation: Coin alignment Demonetized:Yes References: KM513 Mintage (1867): 737,000 |
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Pillar of the Community
Australia
9449 Posts |
Nice coin Hfjacinto and looks in great condition.
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Pillar of the Community
United States
3659 Posts |
That's a very attractive coin, hfjacinto. Nice toning!
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Pillar of the Community
United States
7293 Posts |
Thanks guys! I have a few on my watchlist, but I also have a few fractional notes I want. Depends which one I can better price on :) I'll get first. But to keep the thread alive  Here is a picture of the beach near my home town.  Edited by hfjacinto
03/05/2023 5:14 pm
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Pillar of the Community
United States
5192 Posts |
Great coin, hfjacinto! Beautiful chocolate color. I think it looks better than MS62.
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Posted 02/24/2023 3:13 pm
