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Kingdom of Portugal
John V
400 Réis Gold Coin
葡萄牙王國
若昂五世
400里爾金幣
Item number: A4698
Reference number: KM#201
Year: AD 1730
Material: Gold
Size: 12.2 x 12.2 mm
Weight: 1.072 g
Manufactured by: Casa da Moeda de Lisboa
Provenance: Fuchin 2026
This is a 400-réis Cruzado Novo gold coin, minted at the Lisbon Mint in AD 1730 and issued in the name of King João V of Portugal.
The obverse bears the inscription “IOAN V”, referring to João V, with quatrefoils flanking the legend. Above is the Portuguese royal crown, while feather-like sprigs, possibly palm branches, flank both the crown and the inscription. In Christian theology, the palm, being tall, luxuriant and evergreen, symbolises the exalted nature of Jesus Christ. Below, the numeral “400” indicates the denomination of 400 réis.
The reverse depicts the cross of the Royal Military Order of Our Lord Jesus Christ (Real Ordem Militar de Nosso Senhor Jesus Cristo), an order established in AD 1319. In recognition of the role played by the Knights Templar during the Reconquista, King Dinis I of Portugal secured the establishment of the new order, which inherited much of the Templars’ property and membership in Portugal after the suppression of the Templars elsewhere in Europe. Between the four arms of the Cross of the Order of Christ are four smaller crosses, which served as the mint mark of the Lisbon Mint. Surrounding the design is the Latin motto “IN HOC SIGNO VINCES”, meaning “In this sign, you shall conquer”. The phrase is associated with the Roman emperor Constantine the Great, who, according to tradition, experienced a vision of the cross before battle and received these words as a divine message. He subsequently adopted the Chi-Rho (☧) as a military standard and achieved a decisive victory at the Battle of the Milvian Bridge. A comparable tradition later became associated with Afonso I, the first King of Portugal, who was said to have received a vision and divine revelation from Christ before defeating a numerically superior Muslim force at the Battle of Ourique. Below, the date “1730” indicates the year of issue.
The real gradually developed into the principal monetary unit of the Portuguese kingdom from the late Middle Ages. During the reign of Afonso V, gold cruzados valued at 400 réis began to be issued. Thereafter, the crowned royal arms on the obverse and a cross on the reverse became characteristic features of Portuguese coinage.
In the second half of the fifteenth century, the influx of large quantities of gold from West Africa, together with the expansion of overseas trade, contributed to Portugal’s economic prosperity, a development also reflected in its gold coinage. The cruzado became an important Portuguese gold coin, comparable in both value and weight to the ducat, which circulated widely across Europe at the time. By the sixteenth century, however, Portugal was experiencing a serious outflow of gold. High-fineness domestic coins continued to leave the kingdom, while foreign gold coins of lower value flowed into the country. Meanwhile, the Crown faced substantial expenditure on the royal household, dynastic marriages and other commitments. To address this loss of gold, João III introduced a monetary reform in AD 1538, and the fineness of the cruzado was subsequently reduced on several occasions.
The cruzado was traditionally an important Portuguese gold coin, its name being closely associated with the cross depicted on the coin. As Portugal long maintained a monetary system in which gold and silver coinage circulated concurrently, the value of the cruzado was generally expressed in réis. In AD 1688, in response to changes in the relative values of gold and silver, the Portuguese government issued a decree raising the legal value of circulating gold and silver coins by 20 per cent. The cruzado, previously valued at 400 réis, could consequently circulate at 480 réis and came to be distinguished as the “Cruzado Novo”. Nevertheless, the coin itself continued to bear the denomination “400”.
In the late seventeenth century, following the discovery of vast gold deposits in Brazil, the colony temporarily became the world’s most important source of gold. As international trade expanded rapidly during the eighteenth century, Portugal participated more extensively in the growing network of intercontinental economic exchange by extending its colonial settlements there. The resulting influx of gold not only supplied Portugal with large quantities of precious metal but also substantially strengthened royal finances. Traditionally, the Crown was entitled to levy the quinto, or “royal fifth”, amounting to 20 per cent of precious-metal production. Meanwhile, private miners shipped considerable quantities of gold back to Portugal, and the resulting growth in imports generated additional customs revenue. The influx of overseas wealth made the first half of the eighteenth century an “Age of Gold and Baroque Splendour” in Portugal, providing an important material foundation for the strengthening of royal authority, major building projects, and the flourishing of Baroque art and court culture under João V.
João V ascended the throne in AD 1706. His political outlook was firmly rooted in absolutism and centralised royal authority, and he regarded Brazil as an overseas possession essential to Portugal’s prosperity. In European politics and court culture, he looked particularly to the great monarchies of France, Austria and Spain as models.
錢幣背面為主耶穌基督皇家軍事騎士團(Real Ordem Militar de Nosso Senhor Jesus Cristo)的十字,該騎士團於公元1319年創設。由於聖殿騎士團在收復失地運動期間的貢獻,葡萄牙國王迪尼什一世以此名義重建了在歐陸多數地區遭迫害的聖殿騎士團。基督騎士團十字的四臂間,另有四個較小的十字,是為里斯本鑄幣廠的標記。周圍環繞著拉丁格言「IN HOC SIGNO VINCES」,意為「憑此標誌,你將得勝」。出典自君士坦丁大帝,相傳他在戰前見到十字異象,並聽得此語,此後以十字☧為旗,果然在米爾維安大橋戰役大勝。此外,亦相傳首位葡萄牙國王阿方索一世,也經歷了基督的顯現與啟示,從而在奧里基戰役中以寡擊眾,大勝穆斯林。下方「1730」,則標示了發行年。
17世紀末,巴西發現規模龐大的金礦後,一度成為世界上最重要的黃金產地。隨著18世紀國際貿易迅速發展,葡萄牙亦藉由擴大在巴西的殖民開拓,進一步參與日益增長的洲際經濟交流。巴西黃金不僅為葡萄牙提供大量貴金屬,也大幅增強王室財政。按照傳統,王室有權徵收稱為 quinto 的「五分之一稅」,取得貴金屬產量的20%;與此同時,私人採礦者亦將大量黃金運回葡萄牙,而由此帶動的商品進口又進一步增加王室的關稅收入。大量海外財富的流入,使18世紀上半葉成為葡萄牙的「黃金與巴洛克繁華時代」,亦為若昂五世強化王權、推動大型工程及發展巴洛克藝術與宮廷文化提供了重要的物質基礎。
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