When these coins were struck, Mozambique was still a part of the Portuguese Empire. Only after the War of Independence, which lasted from 1964 until 1974, did the country form as a the People's Republic. The peace was short, and after only two years a civil war broke out. A new constitution was passed in 1990, and since 1994 the country has remained politically stable.
Struck in silver, the design is the same for the 5, 10 and 20 escudos. The silver is only 65% pure for the 5 escudos and 72% pure for the 10- and 20-escudos, so there is not much precious metal value with today's dipping silver prices. Rather, the value of the coins is mostly numismatic.
There are also 2 1/2 escudos with this design, but they are made of copper-nickel.
2 1/2 ESCUDOS (no precious metal)
worn: less than $1 US dollars approximate catalog value
average circulated: $3
well preserved: $8
fully uncirculated: $22
2 1/2 escudos dated 1952 are more rare and catalog at $50 in well preserved condition
2 1/2 escudos dated 1965 and 1973 are very common and catalog at $2 in well preserved condition
5 ESCUDOS (0.084 troy ounces silver, only dated 1960)
worn: $2 US dollars approximate catalog value
average circulated: $4
well preserved: $5
fully uncirculated: $8
10 ESCUDOS (0.116 troy ounces silver)
average circulated: $7
well preserved: $18
fully uncirculated: $40
coins dated 1960 are common and catalog at $9 well preserved, $14 fully uncirculated
20 ESCUDOS (0.232 troy ounces silver)
average circulated: $10
well preserved: $15
fully uncirculated: $28
coins dated 1960 are common in higher grades and catalog at $16 when fully uncirculated
Damaged coins will be worth about half of the 'worn' values. Please see our Important Terminology page at the top left in order to properly interpret the catalog values used above.