Coin
2½ Euros Numismatic Treasures - Dom Pedro (2023) — Portugal
Portugal • 2023 • KM# 946
Overview
A 2.5 Euro commemorative coin from Portugal, part of the Numismatic Treasures series, honoring Dom Pedro. This issue is a reinterpretation of the 4000 Réis 'Hoeda' of Pedro Prince Regent.
Specifications
- Country
- Portugal
- Year
- 2023
- Composition
- Gold (.999)
- Weight
- 15.55 g
- Diameter
- 28 mm
- Mint
- Imprensa Nacional-Casa da Moeda, Lisbon, Portugal
- Mintmark
- CASA DA MOEDA
- Shape
- Round
- Technique
- Milled
- References
- KM# 946
Design details
Obverse
The obverse features the coat of arms of Portugal with the lettering 'REPVBLICA PORTVGVESA' and the denomination '2,50€'.
Reverse
The reverse displays a central cross with the date '2023' above it. The surrounding lettering reads 'IN HOC SIGNO VINCES'. 'CASA DA MOEDA' and 'R. VASQUEZ' are also inscribed.
Collector insights
- Design heritage: Rui Vasquez is credited as the designer for the Non-circulating coins series. Designer attribution helps distinguish this issue from later restrikes or unofficial copies that reuse only the motif.
- Struck at: Imprensa Nacional-Casa da Moeda, Lisbon, Portugal (mintmark
CASA DA MOEDA). Confirm the mintmark on your example before comparing prices — same-year issues from different mints often trade at very different levels. - Low mintage: Only 1,048 pieces reported. This puts the issue into key-date territory for its series; expect steep grade-based price scaling and a higher counterfeit risk — provenance and third-party grading matter.
- Gold issue: Gold (.999) — bullion demand competes with numismatic demand. Weight and fineness (not just face value) drive the melt-value floor.
- Catalogue reference: Listed as
KM# 946. Use this reference code when cross-checking auction archives, dealer inventories, and standard printed catalogues.
Curator Insights
Historical context
Issued in 2023, this coin belongs to the Numismatic Treasures series produced by the Portuguese Mint. The series aims to reinterpret historically significant Portuguese coinage through modern strikes, specifically referencing the period of Dom Pedro. This issue reflects Portugal's ongoing commitment to commemorating its maritime and monarchical history within the collective framework of the Eurozone's numismatic programs.
Design heritage
Designer Rui Vasquez created the motifs, which include the national coat of arms and the denomination on the obverse. The reverse features a central cross accompanied by the Latin phrase 'IN HOC SIGNO VINCES', a motto historically associated with Portuguese exploration and military orders. The technical execution utilizes modern milling techniques to achieve high-relief details on the 15.55-gram gold surface.
Varieties and technical notes
This 2023 issue was produced at the Imprensa Nacional-Casa da Moeda in Lisbon with a specific reeded edge. As a modern non-circulating commemorative, collectors should focus on the quality of the strike and the preservation of the .999 gold surfaces. No major die varieties have been documented for this low-mintage release, though the presence of the designer's signature 'R. VASQUEZ' is a standard feature.
Survival and modern availability
With a strictly limited mintage of only 1,048 pieces, this coin is scarce by design and intended exclusively for the collector market. Modern gold issues of this type typically see very high survival rates in original mint packaging as they are seldom handled or circulated. Its preservation is largely tied to the stability of the secondary numismatic market for Portuguese gold commemoratives.
Related pieces
Explore more
Browse more items in the full catalog or view Portugal in the country guide.