A historic and iconic large-format silver commemorative coin, celebrated as the very first commemorative issue of the First Portuguese Republic. Though bearing the commemorative date of the establishment of the Republic (5 de Outubro de 1910), this piece was actually authorized by law and minted beginning in 1914 at the Lisbon Mint. Catalog Reference: KM# 560, Gomes# R 22.01 Composition: 0.835 Silver Weight: 25.00 g (Actual Silver Content: ~0.671 oz) Diameter: 37.0 mm Mintage: 1,000,000 The obverse features striking allegorical and Republican symbolism with the date 5 DE OUTUBRO DE 1910, framed by the legend REPUBLICA PORTUGUESA. The reverse displays the national shield and value within classic decorative motifs. The surfaces exhibit an attractive, natural silver-gray tone with honest, even circulation wear and well-preserved design details.