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W. C a r e w H a z l i t t Coinage of the European Continent

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Descriptive Outline <strong>of</strong> <strong>the</strong> <strong>Coinage</strong>s <strong>of</strong> Europe 521<br />

<strong>of</strong> substituting pure copper for <strong>the</strong> low alloy hi<strong>the</strong>rto used<br />

in <strong>the</strong> manufacture <strong>of</strong> <strong>the</strong> small currency.<br />

1<br />

We now approach <strong>the</strong> era when <strong>the</strong> Portuguese coinage<br />

reached, as far as variety and importance are concerned, its<br />

zenith. The interval between <strong>the</strong> accession <strong>of</strong> Alfonso V.<br />

in 1438 and <strong>the</strong> death <strong>of</strong> Jpao or John III. in 1557 nearly<br />

brought <strong>the</strong> political and commercial prosperity <strong>of</strong> <strong>the</strong><br />

country to a declining or retrograde point, although at<br />

least a century was to elapse before any loss <strong>of</strong> material<br />

power became outwardly perceptible. To Alfonso V.<br />

(1438-81) we are indebted for sundry numismatic novelties,<br />

besides <strong>the</strong> continuance <strong>of</strong> coins already in use, especially<br />

<strong>the</strong> escudo <strong>of</strong> <strong>the</strong> same debased standard as that <strong>of</strong> his predecessor.<br />

But he also struck <strong>the</strong> cruzado, originally =253<br />

reaes or reales, <strong>the</strong> grosso affonsim <strong>of</strong> more than one type,<br />

with <strong>the</strong> meo grosso, <strong>the</strong> espadiui<br />

= 4 reaes, <strong>the</strong> cotrim = 5<br />

ceitis, <strong>the</strong> two latter in base metal, and in copper<br />

<strong>the</strong> real<br />

Preto, <strong>of</strong> which ten went to <strong>the</strong> real <strong>of</strong> silver.<br />

There has been an allusion to <strong>the</strong> employment under<br />

Duarte I.<br />

(1433-38) <strong>of</strong> unalloyed copper, and pieces in that<br />

metal exist with his name. Alfonso V., his immediate successor,<br />

sanctioned a piece <strong>of</strong> 5 ceitis, from which it is possibly<br />

deducible that <strong>the</strong> unit already existed in <strong>the</strong> shape <strong>of</strong> <strong>the</strong><br />

coin <strong>of</strong> <strong>the</strong> antecedent reign ;<br />

and <strong>the</strong> same prince had a<br />

copper dinheiro, <strong>of</strong> which <strong>the</strong> type corresponds to <strong>the</strong> ceitil<br />

<strong>of</strong> somewhat later date, <strong>the</strong> reverse presenting a threeturreted<br />

fortress surrounded by water so that <strong>the</strong> ceitil<br />

;<br />

may<br />

be no more than an alternative appellation for <strong>the</strong> dinJieiro.<br />

:<br />

Joao II., 1481-95 cruzado di ouro.<br />

Joao II. (1481-95) issued, at all events, <strong>the</strong> ceitil, and not<br />

<strong>the</strong> o<strong>the</strong>r<br />

;<br />

nor does <strong>the</strong> dinheiro seem to recur.<br />

1<br />

O Sr. D. Duarte foi o primeiro Rei que lavrou em Portugal as moedas de<br />

"<br />

cobre puro sem liga de prata (Fernandas, Meinoria, p. 89, Note).

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