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1 Centavo Mangualde
| Issuer | Câmara Municipal do Concelho de Mangualde |
|---|---|
| Year | 1920 |
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| Reference(s) | MA#1315a |
| Obverse description | Plain cream paper note with a typographically printed design enclosed within a decorative border of alternating rectangles and diamonds. To the left, a small municipal coat of arms vignette is printed, with the denomination '1 centavo' set within a dotted oval frame at centre. The series designation 'Serie B' appears at lower left, with the date 'Mangualde, 1-9-920' and the title 'O Presidente,' below the denomination oval. |
|---|---|
| Obverse lettering | CAMARA MUNICIPAL DO CONCELHO DE MANGUALDE 1 centavo Mangualde, 1-9-920 O Presidente, Serie B |
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| Comments |
Mangualde is a small municipality in the Beira Alta region, and like dozens of Portuguese câmaras municipais in the early 1920s, it resorted to issuing its own low-denomination cédulas to address a chronic shortage of small change that the Banco de Portugal was simply failing to supply. The national coinage crisis had roots in wartime metal shortages and post-war economic dislocation — by 1920, the problem had become acute enough that local authorities across Portugal were legally authorized to issue emergency paper in fractional values.
The MA#1315a designation places this among the better-documented provincial Portuguese cédulas, though Mangualde issues in general survive in small numbers given the limited original print runs.