Portugal, iron coin of 2 centavos 1918, "$02 centavos 1918 iron", this coin was created by Decree 4849 of September 9, 1918. Issuance ceased under the terms of Decree-Law 9718 of May 23, 1924. Withdrawn from circulation: January 1 of 1927 decree nº 12,892, of December 17, 1926. Issuance of iron 2-cent coin 1918: 170,000

Silver Half Tostao issued under King Pedro V in 1861, listed as P5.01.03 in the Alberto Gomes catalogue. This VF/VF plus example shows moderate wear with strong definition of the main design elements, offering above‑average quality within the monarch’s final circulating issues.

The 2 centavos 1918 iron coin of the Portuguese Republic is a highly interesting numismatic piece, especially among collectors of antique Portuguese coins. Catalogued as Alberto Gomes R.02.01 and KM 567 in the Standard Catalog of World Coins, it stands out for its low mintage of only 170,000 pieces and its historical context within the First Portuguese Republic.

Issued under Decree No. 4849 of 9 September 1918, it had a short circulation period, being officially withdrawn in 1927. Due to its iron composition, many surviving examples show wear, making higher-grade specimens such as VF (Very Fine) particularly desirable.