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1 Centavo Aveiro

Issuer Câmara Municipal de Aveiro
Year 1920
Type Emergency banknote
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Obverse description Plain paper note with a fine guilloche underprint across the entire face. The issuer's name CAMARA MUNICIPAL DE AVEIRO appears in bold letterpress across the top within a rectangular border with decorative scalloped corners. The large numeral "1" is printed centrally, flanked by a handwritten serial number prefixed "N.º" to the left and the series designation "Série A" to the right. The denomination CENTAVO is inscribed in bold type below the numeral, with the payability clause "Vale sobre a tesouraria da Camara 1 centavo" along the lower portion, accompanied by two manuscript authorisation signatures.
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Reverse description The reverse is largely plain, printed on uncoated paper with a faint embossed or dry-stamp seal visible at centre. A single cursive manuscript signature extends diagonally across the face of the note, serving as a further authorisation mark.
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Comments

Aveiro's municipal chamber was one of dozens of Portuguese local authorities forced into emergency note production after the First World War triggered a severe shortage of small-denomination coin. The national government proved unable to supply adequate bronze and copper coinage through 1919 and into the early 1920s, leaving municipalities, businesses, and even parish councils to fill the gap with locally produced cédulas.

The embossed seal was the issuer's primary — often only — anti-counterfeiting measure, applied by hand after printing. Crude by any standard, but sufficient given the purely local circulation these notes were intended for.

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