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| 正面铭文 | Albergue e Asylo Elvenses SENHA de 1 CENTAVO Série 2.ª n.º (Translation: Elvenses Hostel and Asylum / Token for / 1 Centavo / Series 2nd No.) |
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| 背面铭文 | OS DIRECTORES (Translation: The Directors) |
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Albergue e Asilo Elvenses was a charitable institution in Elvas, in the Alentejo region of Portugal, and this 1 Centavo note is among the smallest-denomination emergency paper money issued by a non-banking body during Portugal's acute small-change shortage of the early 1920s. Municipal chambers, misericórdias, and welfare institutions alike printed their own cédulas when bronze coinage essentially vanished from circulation — hoarded, melted, or simply worn out of existence.
The MA# reference places this within Gonçalo Anselmo's catalogue of Portuguese local issues. Institutional issuers like this one printed in very small runs, and survival rates are correspondingly poor.