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| 表面の説明 | Black letterpress print on plain white paper, enclosed within a decorative rectangular border of repeating typographic ornaments with corner rosettes. The issuing authority "CAMARA MUNICIPAL DE Vila Nova de Cerveira" is set in capital letters across the upper portion, with the denomination "VALE 1 centavo" and a dotted serial number field in the centre. The date "Julho 1920" and the title "O Presidente da C. Executiva" appear in the lower half, followed by a manuscript signature line. |
|---|---|
| 表面の銘文 | CAMARA MUNICIPAL DE Vila Nova de Cerveira N.º VALE 1 centavo Julho 1920 O Presidente da C. Executiva (Translation: Vila Nova de Cerveira Municipal Council No. Worth 1 centavo July 1920 The President of the Executive Committee) |
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Vila Nova de Cerveira sits on the Minho River at the Portuguese-Spanish border, and like hundreds of other Portuguese municipalities, its câmara municipal issued small-denomination cédulas in 1920 to relieve a severe shortage of metallic coinage that had plagued the country since the First World War. The Republican government in Lisbon authorized municipal and commercial entities to print their own fractional notes — a pragmatic if chaotic solution that produced thousands of distinct local issues across a very short window.
The Cerveira issue is among the more obscure in the MA catalogue. Surviving examples are rarely offered.