PORTUGAL. Cruzado (500 Reis), ND (1580). Lisbon Mint. Regents of the Kingdom. NGC MS-62+.
Fr-44; Gomes-03.04. Weight: 3.78 gms. Obverse: Crowned coat-of-arms; Reverse: Voided cross potent. Already a TREMENDOUS RARITY, this incredible survivor offers quality that is almost never encountered in hammered issues, offering a pleasing strike, dazzling brilliance, and an enticing golden-yellow hue. It is difficult to imagine encountering a better specimen any time soon, if ever. The obverse legend presents the issuing authority--not a monarch such as a king or queen, as would normally be the case, but instead the Governors, or Regents, of the Kingdom. This was due to the death of Henry I in 1580, as he had no heirs. As such, these EXTREMELY RARE interregnum issues exists in extremely small quantities and undoubtedly stand out within the Portuguese series.

Estimate: $10000.00- $20000.00