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Portugal – 500th Anniversary of Vasco da Gama
1969 Silver 50 Escudos 34mm (18.00 grams) 0.650 Silver (0.3762 oz. ASW)
Reference: KM# 598
Republica-Portuguesa 50$00, Portuguese shield.
Vasco da Gama with hat facing left.
You are bidding on the exact item pictured, provided with a Certificate of Authenticity and Lifetime Guarantee of Authenticity.
 Vasco da Gama, 1st Count of Vidigueira (European Portuguese: [ˈvaʃku ðɐ ˈɣɐ̃mɐ]; c. 1460s – 24 December 1524), was a Portuguese explorer and the first European to reach India by sea. His initial voyage to India (1497-1499) was the first to link Europe and Asia by an ocean route, connecting the Atlantic and the Indian oceans and therefore, the West and the Orient.
Da Gama’s discovery of the sea route to India was significant and opened the way for an age of global imperialism and for the Portuguese to establish a long-lasting colonial empire in Asia. Traveling the ocean route allowed the Portuguese to avoid sailing across the highly disputed Mediterranean and traversing the dangerous Arabian Peninsula. The sum of the distances covered in the outward and return voyages made this expedition the longest ocean voyage ever made until then, far longer than a full voyage around the world by way of the Equator.
After decades of sailors trying to reach the Indies, with thousands of lives and dozens of vessels lost in shipwrecks and attacks, da Gama landed in Calicut on 20 May 1498. Unopposed access to the Indian spice routes boosted the economy of the Portuguese Empire, which was previously based along northern and coastal West Africa. The main spices at first obtained from Southeast Asia were pepper and cinnamon, but soon included other products, all new to Europe. Portugal maintained a commercial monopoly of these commodities for several decades. It was not until a century later that other European powers, namely the Dutch Republic and England, followed by France and Denmark, were able to challenge Portugal’s monopoly and naval supremacy in the Cape Route.
Da Gama led two of the Portuguese India Armadas, the first and the fourth. The latter was the largest and departed for India four years after his return from the first one. For his contributions, in 1524 da Gama was appointed Governor of India, with the title of Viceroy, and was ennobled as Count of Vidigueira in 1519. Vasco da Gama remains a leading figure in the history of exploration. Numerous homages have been made worldwide to celebrate his explorations and accomplishments. The Portuguese national epic poem, Os Lusíadas, was written in his honour by Camões (d.1580). His first trip to India is widely considered a milestone in world history, as it marked the beginning of a sea-based phase of global multiculturalism.
In March 2016 thousands of artifacts and nautical remains were recovered from the wreck of the ship Esmeralda, one of da Gama’s armada, found off the coast of Oman.
  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.
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