1 Indian Escudo (1959) | |
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Obverse: Lettering "ESTADO·DA·INDIA", face value with Coat of arms of Portugal in the center. | Reverse: Lettering "REPÚBLICA · PORTUGUESA", year and Coat of arms of Portugal in the center. |
6,000,000 coins minted. This coin was from Portuguese State of India which lasted till 1961 |
The escudo (
Portuguese: 'shield') is a unit of currency which is used in
Cape Verde, and which has been used by
Portugal,
Spain and their colonies.
[1] The original coin was worth 16 silver
reais. The
Cape Verdean escudo is, and the
Portuguese escudo was, subdivided into 100
centavos. Its symbol is the
Cifrão, a letter S with two vertical bars superimposed used between the units and the subdivision (for example, 25
50).
In Spain and its colonies, the escudo refers to a gold coin worth sixteen reales de plata or forty reales de vellón.