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2.50 Escudos

Issuer Portuguese Republic
Year 1939-1948
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Value 2.50 Escudos
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Obverse description Central field features the colonial coat of arms of São Tomé and Príncipe, depicting a divided shield with the Portuguese royal arms and maritime symbols, superimposed upon a meridian globe rendered in low relief. A mural crown of five towers surmounts the shield. The circular legend COLONIA DE S. TOMÉ E PRINCIPE runs along the upper periphery, while the denomination 2$50 appears in the lower field in bold numerals flanked by dots.
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Edge Reeded
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Additional information

Portugal's silver coinage contracted sharply during the late 1930s as the Estado Novo regime prioritized foreign exchange reserves, and the .650 fineness of this issue reflects a deliberate debasement from earlier higher-purity strikes. The span from 1939 to 1948 covers the entirety of World War II, during which Portugal maintained a precarious neutrality that made Lisbon a hub for currency speculation and refugee transit — keeping demand for hard coinage unusually high while simultaneously pressuring the Banco de Portugal to conserve silver.

Individual date mintages within the Gomes R 15.0x sequence vary considerably, with certain wartime years considerably scarcer than the series bookends.

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