© NoIdea (CC0)
© NoIdea (CC0)
SACOR
1961 year| Bronze | 275 g | 800 mm |
| Location | Portugal |
|---|---|
| Issuing entity | SACOR - Sociedade Anónima Concessionária de Refinação |
| Period | Second Republic (1926-1974) |
| Type | Commemorative medals › Company, institution and association medals |
| Year | 1961 |
| Composition | Bronze |
| Weight | 275 g |
| Diameter | 800 mm |
| Thickness | 5 mm |
| Shape | Round |
| Technique | Milled |
| Orientation | Medal alignment ↑↑ |
| Demonetized | 1961 |
| Updated | 2024-11-12 |
| Numista | N#321522 |
|---|---|
| Rarity index | 97% |
Reverse
A winged lion with the imaginary head of an ancient ruler of Babylon in the forefront with a furnace chimney of the same periond behind and a landscape of pipes representing a modern day refinery in the background covering the whole medal.
Lettering: ANTONIO - LINO. ・DES. - M. NORTE. ESC.
Engraver: M. Norte
Designer: António Lino
Edge
Plain
Comment
SACOR was a instrumental to the country’s industrial development and an iconic company until 1974. The figure from Babylon alludes to the country’s connections with Iraq due to the residence of Calouste Gulbenkian (founder of the Gulbenkian Foundation in Lisbon) since the end of WW2, also known as Mr. 5%, because he received 5% all oil sales receipts of a geographic area covering an area slightly larger than today’s Iraq.Also, see the silver model issued together with this one in bronze.
The medal’s designer was a leading architect at the time (1914-1996), who left an undeniable mark in the city of Lisbon.
