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

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

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532 The Coins <strong>of</strong> Europe<br />

<strong>the</strong> share <strong>of</strong> that prince in <strong>the</strong> crusade against <strong>the</strong> Turks.<br />

The original cruzado reads on obverse Crvsatvs Alfonsi Qvinti<br />

Regis, and usually weighs about 7 1 gr.<br />

Not counting <strong>the</strong><br />

few instances in which conventional or fanciful effigies<br />

were placed on <strong>the</strong> money in earlier times on <strong>the</strong> French or<br />

Castilian model, <strong>the</strong> first reign in which actual portraits<br />

occur is that <strong>of</strong> John V. (1706-50), and <strong>the</strong> feature was even<br />

<strong>the</strong>n ra<strong>the</strong>r sparingly introduced.<br />

There is no <strong>European</strong> country where <strong>the</strong> principle <strong>of</strong><br />

countermarking, generally for higher values, so largely prevailed,<br />

and a collection <strong>of</strong> Portuguese coins belonging<br />

to this category would doubtless be <strong>the</strong><br />

most numerous one <strong>of</strong> <strong>the</strong> kind. But even before <strong>the</strong> practice<br />

<strong>of</strong> actually stamping <strong>the</strong> money with altered figures became<br />

so general after <strong>the</strong> Revolution <strong>of</strong> 1640, frequent ordinances<br />

were published to a tantamount effect. The <strong>of</strong>ficial reduction<br />

or advance <strong>of</strong> standard was actuated by various causes, <strong>of</strong><br />

which <strong>the</strong> inexperience or dishonesty <strong>of</strong> <strong>the</strong> authorities and<br />

financial exigencies were <strong>the</strong> most usual and we note ;<br />

^<br />

macutas <strong>of</strong> <strong>the</strong> eighteenth century for Mozambique or<br />

Guinea surcharged with a stamp <strong>of</strong> <strong>the</strong> national arms, obliterating<br />

part <strong>of</strong> <strong>the</strong> face-value in order to make <strong>the</strong> piece<br />

pass for a whole macuta.<br />

The period immediately succeeding <strong>the</strong> recovery <strong>of</strong><br />

independence was evidently one attended by considerable<br />

and prolonged pecuniary embarrassment ;<br />

and <strong>the</strong> almost<br />

unvarying form <strong>of</strong> surcharge is found to be in an upward<br />

direction. Curiously enough, coins <strong>of</strong> John III. occur<br />

stamped with enhanced values in <strong>the</strong> following century by<br />

John IV.: a real dobrado <strong>of</strong> 80 reis is countermarked with<br />

100 on <strong>the</strong> reverse ;<br />

so that <strong>the</strong> old currency was called in,<br />

and made to serve <strong>the</strong> purposes <strong>of</strong> <strong>the</strong> revenue or treasury<br />

in some cases at a distance <strong>of</strong> about a hundred years from<br />

its original issue. But <strong>the</strong> usage was, as a rule, applied to<br />

contemporary specie, and it is seen in fullest force under varied<br />

circumstances between <strong>the</strong> fall <strong>of</strong> -Sebastian in 1578 at <strong>the</strong><br />

battle <strong>of</strong> Alcazar and <strong>the</strong> death <strong>of</strong> Alfonso VI. in 1656.<br />

Even <strong>the</strong> Hispano-Portuguese rulers, <strong>of</strong> whom <strong>the</strong>re are

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