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| 正面描述 | Printed in blue on plain paper, with an ornate guilloche border bearing the repeated monogram C.M.C.R. at each corner. The Portuguese Coat of Arms appears within a circular guilloche vignette at upper center, flanked by a scrolled ribbon banner carrying the issuer's name. A large numeral '1' within a decorative oval cartouche occupies the left field, with the denomination lettered below; to the right, the deliberation date and the legend O TESOUREIRO DA CAMARA appear above a handwritten signature. |
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| 正面铭文 | CAMARA MUNICIPAL CALDAS DA RAINHA DELIBERAÇÃO DE 16 DE JULHO DE 1921 1 CENTAVO O TESOUREIRO DA CAMARA (Translation: City Council of Caldas da Rainha Deliberation of July 16, 1921 1 Centavo The Treasurer of the Council) |
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Câmara Municipal de Caldas da Rainha issued these small emergency cédulas during the acute coin shortage that plagued Portugal in the late World War One and immediate postwar years. The scarcity of low-denomination metallic currency forced hundreds of Portuguese municipalities to print their own fractional paper — this is one of that sprawling family of local emissions, legally tolerated but never formally backed beyond the issuing council's word.
Caldas da Rainha's emissions are among the more obscure in the Maia catalog. Survival rates for 1-centavo denominations are generally poor; they were worth almost nothing even when issued.