20 Escudos (Financial Renewal; Pattern) 1953 front 20 Escudos (Financial Renewal; Pattern) 1953 back
20 Escudos (Financial Renewal; Pattern) 1953 photo
© INCM

20 Escudos Financial Renewal; Pattern

1953 year
Silver (.835) 21 g 34 mm
Description
Issuer
Portugal
Period
Second Republic (1926-1974)
Type
Pattern
Year
1953
Value
20 Escudos (20&nbspPTE)
Currency
Escudo (1911-2001)
Composition
Silver (.835)
Weight
21 g
Diameter
34 mm
Shape
Round
Technique
Milled
Demonetized
Yes
Updated
2024-10-07
References
Numista
N#107436
Rarity index
79%

Reverse

Seated woman reading a bookAutomatically translated

Script: Latin

Lettering: RENOVAÇAO FINANCEIRA RESSURGIMENTO

Engraver: Marcelino Norte de Almeida

Edge

Reeded

Comment

The picture is the coin MCM 22911 from the INCM Museum.

Interesting fact

The Pattern 20 Escudos coin was designed by the Portuguese artist, Lourenço de Castro, and features a unique design that showcases the country's financial renewal efforts in the 1950s. The coin's obverse side features a portrait of António de Oliveira Salazar, the Prime Minister of Portugal at the time, while the reverse side depicts a stylized representation of the country's financial renewal program, including a phoenix rising from the ashes, symbolizing the country's economic rebirth.