Portuguese India Silver Coin Melt Values - Live Calculator
The table below lists each denomination and computes live melt value from the current silver spot price of $66.45 per troy ounce.
| Coin | Face Value | Years | Fineness | Gross Weight (g) | ASW (g) | ASW (oz t) | Qty | Melt Value |
|---|---|---|---|---|---|---|---|---|
| Rupia | 1 | 1903 - 1904 | 0.92 | 11.66 | 10.73 | 0.3449 | $0.00 | |
| Rupia | 1 | 1912 - 1935 | 0.917 | 11.66 | 10.69 | 0.3438 | $0.00 | |
| Rupia | 1 | 1947 | 0.5 | 12 | 6 | 0.1929 | $0.00 | |
| Rupia | 1/2 | 1936 | 0.917 | 6 | 5.5 | 0.1769 | $0.00 | |
| Grand Total | $0.00 | |||||||
Country Silver Coin History
The history of silver coins in Portuguese India is intrinsically linked to the broader history of Portuguese colonial ventures in the Indian subcontinent. The Portuguese presence in India began in the early 16th century and lasted until the mid-20th century, fundamentally influencing the region's economy, culture, and coinage.
Early Portuguese Coinage
The Portuguese established their first trading post in India at Calicut in 1500, followed by the capture of Goa in 1510. Initially, the Portuguese used their own currency, but soon realized the need to mint coins locally to facilitate trade and administration.
Introduction of Silver Coins
In the early 16th century, the Portuguese began minting silver coins in Goa. The first silver coins were the rèis" and "tangás". These coins were modeled on existing Indian and Middle Eastern coinage to gain acceptance among local traders and the population.
