Issued under King Sebastian I of Portugal, this rare Gold Cruzado stands as a potent symbol of the nation's imperial zeal and religious fervor during the mid-16th century. The coin dates to a pivotal period when Portugal sought to extend its influence across Africa, Asia, and South America. Sebastian’s rule, though brief, was marked by his romantic vision of crusading glory, culminating in his fatal campaign at the Battle of Alcácer Quibir in 1578, which would trigger a dynastic crisis for Portugal.
Obverse: Displays the crowned royal arms of Portugal, a shield containing five small escutcheons arranged in a cross, each charged with bezants. The legend reads: “+ SEBASTIANVS: I: REX: PORTVG” (Sebastian I, King of Portugal), affirming the monarch's authority.
Reverse: Features a short cross at the center, surrounded by the inscription: “IN: HOC: SIGNO: VINCES” (In this sign, you will conquer), referencing Constantine the Great’s vision and underscoring Sebastian's crusader aspirations.
Graded NGC MS62, this coin is exceptionally well preserved for the period, exhibiting strong strike details and soft golden luster. Its surfaces are clean for a hammered gold issue, and the legends are crisp. This piece is noted as unique in this denomination, enhancing both its rarity and historical significance. Few 16th-century Portuguese gold coins survive in mint state, making this a standout artifact from a turbulent and transformative era in Iberian history.