The Madeira Islands are located 500 miles south and west of Portugal off the coast of north Africa. Early colonies from Portugal minted 5, 10, and 20 reis coins with roman numerals V, X, and XX on the reverse, respectively. The 5 reis coins are quite rare; 10 and 20 reis specimens get valuable only in better condition.
Below is a run-down of catalog values for these coins. The values shown are catalog values which must be properly interpreted in accordance with our Terminology page.
5 (V) REIS
worn: $100 US dollars approximate catalog value
average circulated: $350
well preserved (like our picture): $650
10 (X) REIS
worn: $10 US dollars approximate catalog value
average circulated: $70
well preserved (like our picture): $180
fully uncirculated: $300
20 (XX) REIS
worn: $15 US dollars approximate catalog value
average circulated: $130
well preserved (like our picture): $250
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