N° 1022 | Portugal 5 Escudos 1948

1022 - Portugal 5 Escudos 1948
1022 - Portugal 5 Escudos 1948

Description

KM# 581, N# 4262; Silver; Lisbon Mint; UNC

GPT Description

The Portugal 5 Escudos 1948 is a historic and collectible coin that holds significant value for coin enthusiasts and collectors. This particular coin was minted in Lisbon, Portugal, in 1948. It is made of silver and is classified under the catalog numbers KM# 581 and N# 4262. The term "UNC" in the description stands for "Uncirculated," indicating that the coin has never been used in daily transactions and remains in excellent condition. Coins in uncirculated condition often possess a higher value due to their pristine state. The 5 Escudos denomination was widely used in Portugal during the mid-20th century. It represented a significant amount of currency at the time and was commonly used for various transactions. The design of the coin typically features intricate details such as the country's coat of arms, notable figures, or significant landmarks. The year 1948 holds historical significance for Portugal. It marked a period of recovery and reconstruction following World War II. Portugal experienced economic growth and political stability during this time, as the country sought to rebuild and modernize. Owning a Portugal 5 Escudos 1948 coin allows individuals to connect with the country's rich history and heritage. It serves as a tangible piece of the past, showcasing the craftsmanship and artistry of Portuguese minting during that era. Collectors often appreciate the historical context and aesthetic appeal of such coins, making them highly sought after in numismatic circles.
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