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| 正面描述 | Red-brown letterpress note framed by an ornate architectural border with two twisted Manueline-style columns at left and right, supporting a decorative arch above. The municipal coat of arms — a shield bearing a stag passant beneath the Portuguese royal arms — is centred as the main vignette, flanked by circular panels enclosing the numeral '1' at left and the denomination 'cent.vo' at right. A serial number appears at lower left, with the facsimile signature of the President below right. |
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| 背面描述 | Red letterpress note with a decorative floral and foliate border. A large photographic-style vignette occupies the centre, rendering a townscape view of the castle entrance square of Vila Nova da Cerveira, with the medieval tower, a baroque church facade, and flanking civic buildings around an open plaza. A circular panel at top centre encloses the numeral '1' and denomination 'cent.vo'. |
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Vila Nova de Cerveira is a small municipality on the Minho River bordering Spain, and its câmara issued cédulas like this one during the severe coin shortage that gripped Portugal in the early 1920s. Municipal and parish authorities across the country resorted to locally printed paper fractional notes when bronze and cupro-nickel coinage effectively vanished from circulation — hoarded, exported, or simply melted. The Banco de Portugal had neither the capacity nor the political will to supply small change to every rural corner of the country, so local authorities filled the gap themselves.
MA#2402 places this among the documented but genuinely scarce northern Portuguese municipals — few were printed, fewer survived.