Cruzado Novo - Pedro II (Porto) 1688-1702 front Cruzado Novo - Pedro II (Porto) 1688-1702 back
Cruzado Novo - Pedro II (Porto) 1688-1702 photo
© Heritage Auctions

Cruzado Novo - Pedro II Porto

 
Silver (.9167) 17 g 36 mm
Description
Issuer
Portugal
King
Peter II (Pedro II) (1683-1706)
Type
Standard circulation coin
Years
1688-1702
Value
480 Réis = 1 Cruzado
Currency
Real (1517-1835)
Composition
Silver (.9167)
Weight
17 g
Diameter
36 mm
Shape
Round
Technique
Milled
Orientation
Coin alignment ↑↓
Demonetized
Yes
Updated
2024-10-07
References
Numista
N#25658
Rarity index
90%

Reverse

Cross of the Order of Christ with the letter "P" in the corners.
Legends around the edgesAutomatically translated

Script: Latin

Lettering:
•IN * HOC * SIGNO * VINCES.
P P
P P

Edge

Rope shaped

Comment

The reference results from the combination of lettering with the type of crown.

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 Cruzado Novo coin featuring Pedro II (Porto) 1688-1702 from Portugal is interesting because it was used as a form of currency during a time when Portugal was experiencing significant economic growth and cultural development. The coin's silver content and weight also make it a valuable collector's item for numismatists.