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1 Centavo Ovar

Issuer Câmara Municipal de Ovar
Year 1920
Type Local banknote
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Obverse description Plain cream paper ground covered with a repetitive yellow rosette underprint arranged in a regular grid pattern. The issuer's name 'CAMARA MUNICIPAL DE OVAR' is printed in large green capital letters across the top, below which the numeral '1' appears within a rectangular frame at centre, flanked by the serial number to the left and 'Série A' to the right. The denomination 'CENTAVO' and the redemption clause are printed in green letterpress below, with a manuscript signature line and the title of the issuing authority at foot.
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Reverse description The reverse is unprinted, presenting plain cream paper with visible show-through of the obverse text and underprint in mirror image, along with traces of an official ink stamp partially visible through the paper. No distinct design elements or inscriptions are present on this face.
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Comments

Portuguese municipal chambers issued emergency cédulas in large numbers between 1917 and the early 1920s, filling a genuine void left by coin shortages that the Banco de Portugal was slow to address. Ovar's issues are among the more obscure of these local emissions — the town sits on the Aveiro coast and had no particular commercial weight, which kept print runs modest and survival rates lower than notes from larger municipalities.

The 1 Centavo denomination was the smallest practical unit issued at this level, and many were worn to illegibility within months.

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