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1 Centavo Sabugal
| Issuer | Câmara Municipal do Sabugal |
|---|---|
| Year | 1920 |
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| Reference(s) | MA#1952 |
| Obverse description | Printed in blue, the note carries the municipal authority's name in letterpress across the top, with the local coat of arms at left, a central vignette of Sabugal Castle, and the Portuguese national coat of arms at right. The note bears the manuscript signature of the President of the local authority, André Gonçalves Ribas. The overall layout reflects the typical typographic and engraved style of Portuguese emergency municipal issues of the early 1920s. |
|---|---|
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| Signature(s) | André Gonçalves Ribas |
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| Comments |
Sabugal is a small municipality in the Beira Interior, near the Spanish border, and like dozens of other Portuguese câmaras in 1920, it issued its own emergency paper currency when the chronic coin shortage left the population without functional small change. The national government had effectively sanctioned this parallel local coinage in paper — a pragmatic admission that Lisbon could not supply enough low-denomination metal to keep commerce moving in provincial towns.
These câmara issues were printed in tiny quantities for purely local use, rarely traveled far, and were redeemed and destroyed once the shortage eased. The survival rate is accordingly low.