12 Vinténs - João V (Lisbon) 1707-1750 front 12 Vinténs - João V (Lisbon) 1707-1750 back
12 Vinténs - João V (Lisbon) 1707-1750 photo
Obverse © A.Monge da Silva (CC0)

12 Vinténs - João V Lisbon

 
Silver (.9167) 8 g 28 mm
Description
Issuer
Portugal
King
John V (João V) (1706-1750)
Type
Standard circulation coin
Years
1707-1750
Value
240 Reis = 12 Vinténs
Currency
Real (1517-1835)
Composition
Silver (.9167)
Weight
8 g
Diameter
28 mm
Shape
Round
Technique
Milled
Demonetized
Yes
Updated
2024-10-07
References
Numista
N#32580
Rarity index
67%

Reverse

Cross of the order of Christ with rosettes in the corners, motto in periphery.Automatically translated

Script: Latin

Lettering: IN HOC SIGNO VINCES

Edge

Rope shaped

Comment


In 1688 the price of the gold ant the silver increase by 20%. There was no time to collect and cast the circulating coin. Therefore, by the Law 04AUG1688, the value of the silver and gold coins was also increased by 20%.
However, during ~150 years the coinage remains unchanged with the circulating coins having a value ~20% above the mark.

Interesting fact

The 12 Vinténs coin from Portugal, minted during the reign of King João V (1707-1750), was part of a broader effort to reform the country's currency and stabilize its economy. At the time, Portugal was facing economic challenges, including inflation and a lack of standardization in its currency. The introduction of the 12 Vinténs coin, which was made of silver and had a standardized weight and purity, was an attempt to address these issues and establish a more stable currency system.