Extremely fine, Very rare.

Dom Afonso d'Albuquerque conquered Goa in November 1510 from the Adil Shahi sultanate, after an earlier unsuccessful attempt. Soon afterwards, the Portuguese etablished a mint following representations by local traders that commercial activity in Goa had been suffering due to the scarcity of coinage. Albuquerque struck new coins in weights corresponding closely to the local Hon standard, but named them "Manoel" and "half Manoel" in honour of the king of Portugal. These are the earliest coins issued in India by any colonial power.