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Cape Verde 2.5 escudo 1977 KM#18 BU FAO Issue

As low as: $3.00
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1 available
Product ID
32000
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Description
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The Cape Verde 2.5 Escudos 1977 KM#18 in Brilliant Uncirculated condition is an appealing early coin of the independent Republic of Cape Verde and an important part of the worldwide Food and Agriculture Organization coin program. Commonly identified as an FAO issue, this unusual two-and-one-half-escudo denomination combines the monetary history of the newly independent island nation with an international message centered on agriculture, nutrition, and food security. The coin was issued only two years after Cape Verde achieved independence from Portugal in 1975, giving it additional historical importance. Its design reflects the economic realities of an archipelago where difficult climatic conditions and limited agricultural resources made food production an especially meaningful subject. In Brilliant Uncirculated condition, the coin has escaped normal circulation wear and retains its complete design, sharp inscriptions, and original mint character. KM#18 is therefore attractive to collectors of Cape Verde, African coinage, FAO issues, unusual denominations, and modern world coins.

Cape Verde, officially known today as Cabo Verde, is an Atlantic archipelago located several hundred miles west of the African coast. The islands were uninhabited when Portuguese navigators reached them during the fifteenth century, after which Portugal established settlements that became important in Atlantic trade. Their position between Europe, Africa, and the Americas gave Cape Verde considerable strategic importance during the age of sailing ships. The islands remained under Portuguese rule for centuries, eventually becoming an overseas province. During the twentieth century, anticolonial movements gained strength throughout Africa, including Portuguese-controlled territories. The African Party for the Independence of Guinea and Cape Verde played a major role in the independence struggle. Following political change in Portugal in 1974, negotiations accelerated, and Cape Verde became independent on July 5, 1975. The 1977 2.5 Escudos therefore belongs to the formative period when the new republic was establishing its institutions, national identity, and independent monetary presence.

The historical circumstances surrounding this coin make its FAO theme particularly appropriate. Cape Verde has long faced environmental challenges caused by its dry climate, irregular rainfall, limited freshwater resources, and recurring droughts. Agriculture has traditionally been difficult on many of the islands, and periods of severe drought historically contributed to food shortages and famine. After independence, improving agricultural production and ensuring reliable access to food were important national concerns. The Food and Agriculture Organization of the United Nations worked internationally to improve nutrition, agricultural productivity, fisheries, rural development, and food security. Beginning in the late 1960s, numerous countries participated in FAO-sponsored numismatic programs by issuing coins with agricultural or food-related designs. Cape Verde's participation allowed the young republic to connect a practical national concern with a broader international effort. The 1977 issue consequently carries a message that had direct relevance to the country's geography, economy, and development priorities.

The obverse identifies Cape Verde as the issuing nation and employs national symbolism appropriate to the newly independent republic. Coinage issued shortly after independence had an important representational role because it replaced or supplemented designs associated with Portuguese colonial authority. National inscriptions and symbols helped establish the visual identity of the new state and familiarized citizens with the institutions of the republic. Unlike colonial coins bearing Portuguese governmental imagery, independent Cape Verde issues could emphasize themes specifically connected with the islands and their population. On a Brilliant Uncirculated example, the central design, lettering, borders, and smaller decorative details remain fully visible without friction from commercial circulation. Original mint texture can survive across the fields, while raised devices retain sharp edges. This level of preservation is particularly attractive on early post-independence coins because it allows collectors to examine the country's emerging national imagery in essentially the condition intended when the piece was originally manufactured and released.

The reverse emphasizes the 2.5-escudo denomination and the FAO-related theme. The unusual denomination immediately distinguishes the coin from more conventional values such as one, five, ten, or twenty escudos. FAO coins frequently incorporated imagery associated with farming, food production, fisheries, livestock, plants, or other resources essential to human nutrition. Such designs transformed ordinary monetary objects into miniature public messages about economic development and food security. On the Cape Verde issue, the agricultural theme had special resonance because the islands' limited arable land and uncertain rainfall made efficient food production particularly important. The date 1977 places the coin within the first years of national independence and gives the design an additional historical dimension. In Brilliant Uncirculated condition, the denomination, FAO elements, inscriptions, and agricultural details should remain sharply defined. The absence of circulation wear preserves smaller lines that can become softened on examples that spent significant time in everyday commerce.

The escudo used by independent Cape Verde developed directly from the monetary system of the Portuguese period. Portugal had long used the escudo, divided into 100 centavos, and Cape Verde retained the name for its national currency after independence. This continuity made the transition easier while allowing the new republic to create its own designs and monetary identity. The 2.5 Escudos denomination represented a modest value suitable for ordinary transactions and illustrates the range of fractional values sometimes used in twentieth-century monetary systems. KM#18 was produced in a durable base-metal composition appropriate for circulation rather than in precious metal. This allowed large numbers to be manufactured economically and gave the coins sufficient strength to withstand repeated handling. Unlike silver commemoratives whose value may be strongly influenced by bullion prices, the appeal of this issue comes primarily from its history, design, FAO connection, unusual denomination, and relationship to the earliest years of Cape Verde's independent national coinage.

Cape Verde did not possess a major domestic industrial mint capable of producing large quantities of modern machine-struck coinage, so its coins were manufactured through overseas minting arrangements under official government authority. The 1977 2.5 Escudos KM#18 was produced in a substantial quantity appropriate for an FAO-related circulating issue rather than as an extremely limited precious-metal commemorative. Its mintage reached into the millions, providing enough pieces for domestic monetary requirements while also allowing examples to enter international collections. A significant original mintage does not mean that every surviving coin remains in high grade. Many examples entered circulation, where contact with other coins gradually reduced their detail and surface brilliance. Others suffered scratches, spotting, corrosion, discoloration, or improper cleaning during decades of storage. Brilliant Uncirculated examples are preferable because they retain the sharpness and original surface characteristics of the issue and provide a superior representation of the coin as it appeared when released.

Brilliant Uncirculated condition indicates that this 1977 Cape Verde coin shows no measurable wear caused by circulation. Raised design elements remain complete, including the most exposed portions that would normally begin to flatten after repeated commercial handling. Original mint brilliance should remain evident across much of the surface, producing a lively appearance when the coin is viewed under moving light. Brilliant Uncirculated does not necessarily mean absolutely flawless. Small contact marks can result from coins touching one another during mint production, shipping, or storage, while tiny planchet imperfections can originate before striking. These are fundamentally different from circulation wear. Collectors generally favor examples with clear rims, sharp inscriptions, strong central designs, attractive original color, and minimal distracting marks. Cleaning or polishing can remove original surface texture and should be avoided. A naturally preserved BU example retains the historical authenticity and visual character that make an early independent Cape Verde issue especially enjoyable to collect.

The FAO connection gives KM#18 appeal far beyond collectors specializing exclusively in Cape Verde. The FAO coin program became one of the broadest international themes in modern numismatics, with participating nations from Africa, Asia, Europe, the Americas, and the Pacific issuing coins related to food production and development. Collecting these pieces offers an unusual way to compare how different countries represented agriculture, fisheries, livestock, crops, and nutritional concerns through coin designs. Cape Verde's contribution is especially meaningful because environmental limitations have always influenced life on the islands. Rainfall can be highly variable, and the country's volcanic landscapes leave relatively limited areas suitable for intensive farming. Fishing and maritime resources have therefore also played important roles in local food supplies. A coin promoting food and agriculture was not merely an abstract international theme for Cape Verde; it addressed issues closely connected to the daily experiences and economic challenges of the island population.

The Cape Verde 2.5 Escudos 1977 KM#18 Brilliant Uncirculated FAO issue is therefore an engaging combination of postcolonial history, international cooperation, monetary development, and high-grade preservation. Issued only two years after Cape Verde achieved independence from Portugal, it belongs to the earliest chapter of the republic's national coinage. Its 2.5-escudo denomination preserves continuity with the older escudo monetary system while its national imagery reflects the identity of an independent African state. The FAO theme connects the coin with an international effort to promote agriculture, nutrition, and food security, subjects of particular importance in Cape Verde because of its dry climate and limited agricultural resources. Produced through an overseas minting arrangement with a circulation-oriented mintage measured in the millions, the coin was designed for practical use as well as international awareness. Brilliant Uncirculated condition preserves its complete imagery, lettering, denomination, date, and original mint character, making KM#18 an attractive collectible from Cape Verde's early independence era.

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