The five-euro coins, introduced by the Bank of Portugal (BdP) throughout 2024, have generated curiosity and some caution among the Portuguese. These commemorative coins, although uncommon in everyday life, have a face value equivalent to five-euro notes and can be used as a means of payment, as long as they are accepted by establishments.
The latest currency, designated The Knowledgegoes into circulation on November 13th and ends this year’s issuance cycle, which included varied themes, such as Luís de Camõesthe centenary of the Portuguese Skating Federation and even a tribute to the Xutos and Pontapés.
Use and care
To avoid embarrassment, DECO PROteste recommends careful analysis whenever you receive one of these coins, whether as payment or change. “Make sure it is a real currency”, warns the association, highlighting the importance of checking the security elements available on the Banco de Portugal website.
Among the aspects to be observed are:
- Reliefs and edges: Genuine coins have well-defined and consistent details.
- Magnetic properties: Some coins have specific characteristics that can be checked with magnets or other devices.
Additionally, it advises you not to rely exclusively on a single detail to validate authenticity.
Commemorative Coins: A Summary of 2024 Issuances
This year brought six different coins into circulation, each with its own theme:
- April 8: 100 Years of the São Paulo Skating Federation.
- June: Luís de Camões e UEFA Euro 2024.
- July: Ulysses.
- September 4th: Xutos e Pontapés, Rock ‘n’ Roll since 1979.
- November 13th: The Knowledge.
These currencies are not just utilitarian; They are also collectibles for enthusiasts and investors, and can reach values above face value in specialized markets.
Acceptance in establishments
Although they have the same face value as five-euro notes, the coins may be refused in some places, especially in situations where traders are not used to their circulation. Still, the law recognizes them as a valid means of payment.
An investment or a symbol of culture?
More than a simple means of payment, these coins celebrate the country’s cultural, historical and sporting milestones, becoming symbols of national identity. Whether as a form of transaction or a collector’s item, the important thing is to know the details of each issue and guarantee authenticity before putting them into circulation.
Stay tuned and explore the stories these small pieces of metal have to tell. After all, a five-euro coin may be worth more than it appears.
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