Item: i79892


Authentic Coin of:

Portugal under Carlos I - King: 19 October 1889 - 1 February 1908
1891 Silver 500 Reis 30mm (12.45 grams) 0.917 Silver (0.3865 oz. ASW)
Reference: KM# 535
Certification: NGC  UNC DETAILS 2835406-011
CARLOS I REI DE PORTUGAL, Head of the King Carlos I.
Crowned shield flanked by two laurel branches; 500 REIS below.

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King of Portugal

Carlos became king on 19 October 1889. After the 1890 British Ultimatum, a series of colonial treaties were signed with the United Kingdom of Great Britain and Ireland. One signed in August 1890 defined African colonial borders along the Zambezi and Congo rivers, whereas another signed on 14 October 1899 confirmed colonial treaties of the 17th century. These treaties stabilised the political balance in Africa, ending Portuguese claims of sovereignty on the Pink Map, a geographical conception of how Portuguese colonies would appear on a map if the territory between the coastal colonies of Angola and Mozambique could be connected with territory in central Africa. These central African territories were taken over by Great Britain, however, a concession that was viewed as humiliating in Portugal. The agreements were thus looked upon as unpopular in Portugal and were felt to be disadvantageous to the country.

Domestically, Portugal was declared bankrupt twice - on 14 June 1892, then again on 10 May 1902 - causing industrial disturbances, socialist and republican antagonism and press criticism of the monarchy. Carlos responded by appointing João Franco as prime minister and subsequently accepting parliament's dissolution.

As a patron of science and the arts, King Carlos took an active part in the celebration of the 500th anniversary of the birth of Prince Henry the Navigator in 1894. The following year he decorated the Portuguese poet João de Deus in a ceremony in Lisbon.

Carlos took a personal interest in deep-sea and maritime exploration and used several yachts named Amélia on his oceanographical voyages. He published an account of his own studies in this area.

Assassination

On 1 February 1908, the royal family returned from the palace of Vila Viçosa to Lisbon. They travelled by train to Barreiro and, from there, they took a steamer to cross the Tagus River and disembarked at Cais do Sodré in central Lisbon. On their way to the royal palace, the open carriage with Carlos I and his family passed through the Terreiro do Paço fronting on the river. While crossing the square, shots were fired from the crowd by two republican activists: Alfredo Luís da Costa and Manuel Buíça.

Buíça, a former army sergeant and sharpshooter, fired five shots from a rifle hidden under his long overcoat. The king died immediately, his heir Luís Filipe was mortally wounded and Prince Manuel was hit in the arm. The queen alone escaped injury. The two assassins were killed on the spot by police and bodyguards; an innocent bystander was also killed in the confusion. The royal carriage turned into the nearby Navy Arsenal, where, about twenty minutes later, Prince Luís Filipe died. Several days later, the younger son, Prince Manuel, was proclaimed king of Portugal; he was the last of the Braganza-Saxe-Coburg and Gotha dynasty and the last king of Portugal as well.   

Portugal, officially the Portuguese Republic (Portuguese: República Portuguesa), is a country on the Iberian Peninsula, in Southwestern Europe. It is the westernmost country of mainland Europe, being bordered by the Atlantic Ocean to the west and south and by Spain to the north and east. The Portugal-Spain border is 1,214 km (754 mi) long and considered the longest uninterrupted border within the European Union. The republic also includes the Atlantic archipelagos of the Azores and Madeira, both autonomous regions with their own regional governments.

The territory of modern Portugal has been continuously settled, invaded and fought over since prehistoric times. The Pre-Celts, Celts, Phoenicians, Carthaginians and the Romans were followed by the invasions of the Visigothic and the Suebi Germanic peoples, who were themselves later invaded by the Moors. These Muslim peoples were eventually expelled during the Christian Reconquista. Portuguese nationality can be traced back to the creation of the First County of Portugal, in 868. In 1139, Afonso Henriques was proclaimed King of Portugal, thus firmly establishing Portuguese independence, under the Portuguese House of Burgundy.

In the 15th and 16th centuries, under the House of Aviz, which took power following the 1383-85 Crisis, Portugal expanded Western influence and established the first global empire, becoming one of the world's major economic, political and military powers. During this time, Portuguese explorers pioneered maritime exploration in the Age of Discovery, notably under royal patronage of Prince Henry the Navigator and King João II, with such notable discoveries as Vasco da Gama's sea route to India (1497-98), Pedro Álvares Cabral's discovery of Brazil (1500), and Bartolomeu Dias's reaching of the Cape of Good Hope. Portugal monopolized the spice trade during this time, under royal command of the Casa da Índia, and the Portuguese Empire expanded with military campaigns led in Asia, notably under Afonso de Albuquerque, who was known as the "Caesar of the East".

The destruction of Lisbon in a 1755 earthquake, the country's occupation during the Napoleonic Wars, the independence of Brazil (1822), and the Liberal Wars (1828-1834), all left Portugal crippled from war and diminished in its world power. After the 1910 revolution deposed the monarchy, the democratic but unstable Portuguese First Republic was established, later being superseded by the "Estado Novo" right-wing authoritarian regime. Democracy was restored after the Portuguese Colonial War and the Carnation Revolution in 1974. Shortly after, independence was granted to all its colonies and East Timor, with the exception of Macau, which was handed over to China in 1999. This marked the end of the longest-lived European colonial empire, leaving a profound cultural and architectural influence across the globe and a legacy of over 250 million Portuguese speakers today.

Portugal is a developed country with a high-income advanced economy and high living standards. It is the 5th most peaceful country in the world, maintaining a unitary semi-presidential republican form of government. It has the 18th highest Social Progress in the world, putting it ahead of other Western European countries like France, Spain and Italy. It is a member of numerous international organizations, including the United Nations, the European Union, the eurozone, OECD, NATO and the Community of Portuguese Language Countries. Portugal is also known for having decriminalized the usage of all common drugs in 2001, the first country in the world to do so. However, the sale and distribution of these drugs is still illegal in Portugal.