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The Portugal 10 Centavos 1953 KM#583 is a coin that holds historical and numismatic significance. The Portugal 10 Centavos 1953 coin is part of Portugal's numismatic history during the mid-20th century. This period was marked by significant political changes, including the establishment of the Estado Novo regime under Prime Minister António de Oliveira Salazar. This authoritarian regime had a profound impact on the country's economy and currency, as it sought to stabilize the monetary system and control inflation.
The design of the Portugal 10 Centavos 1953 coin is simple yet elegant. On the obverse side of the coin, you will find the coat of arms of Portugal, featuring a shield adorned with five small blue shields arranged in a cross pattern (known as quinas) and surrounded by a decorative border. Above the shield is the Portuguese Republican Phrygian cap, symbolizing liberty and the nation's republican form of government. The shield is flanked by olive branches, representing peace and prosperity. The reverse side of the coin features the coin's denomination, "10 CENTAVOS," and the date "1953" prominently displayed. The lettering and numerals are clear and well-defined, making the coin easily identifiable.
The Portugal 10 Centavos 1953 coin was minted with precision and adherence to numismatic standards. These coins were struck to facilitate everyday transactions within Portugal, emphasizing their role as a part of the country's circulating currency. While precise mintage figures can vary, these coins were produced in significant quantities to meet the demands of commerce and trade.
This coin is typically composed of a base metal, such as bronze or copper-nickel. The specific composition may vary depending on the mint and the year of production. These base metals provide durability and resistance to wear, making them suitable for circulation within Portugal's monetary system. The coin's weight and purity adhere to the standard specifications for this denomination, ensuring its acceptance in everyday transactions.
The Portugal 10 Centavos 1953 coin is classified as "XF," which stands for "Extremely Fine." Coins in Extremely Fine condition show minimal wear, with only slight traces of handling or circulation. The design elements and lettering remain sharp and well-defined, making this coin an attractive and collectible piece for numismatists. The preservation of the coin's details speaks to its careful handling throughout its history.
Portugal is renowned for its rich cultural heritage, including its traditional music, Fado. Fado is a genre of music characterized by its melancholic and soulful melodies, often accompanied by expressive lyrics that explore themes of longing, nostalgia, and saudade (a deep emotional state of melancholic longing). Fado is an integral part of Portuguese culture and has been recognized as an Intangible Cultural Heritage of Humanity by UNESCO, highlighting its importance to the nation's identity.
In conclusion, the Portugal 10 Centavos 1953 KM#583 coin provides a glimpse into Portugal's mid-20th-century history and monetary system. With its elegant design, role in everyday transactions, base metal composition, Extremely Fine condition, and ties to Portugal's cultural heritage, this coin holds both historical and numismatic value.