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1 Centavo Vila Nova De Foz Côa
| Issuer | Câmara Municipal de Vila Nova de Foz Côa |
|---|---|
| Year | 1921 |
| Type | Local banknote |
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|---|---|
| Obverse lettering | CAMARA MUNICIPAL DE VILLA NOVA DE FOZCOA DELIBERAÇÃO DE 1 DE ABRIL DE 1921 1a Serie O PRESIDENTE DA CAMARA 1 CENTAVO Nº (Translation: City Council of Vila Nova de Foz Côa Deliberation of April 1st, 1921 1st Series The President of the Chamber 1 Cent No.) |
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| Reverse lettering | VALE 1 CENTº. (Translation: Worth 1 Cent) |
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| Comments |
During the early 1920s, Portugal's municipal chambers across the country resorted to issuing their own emergency cédulas to compensate for a chronic shortage of small-denomination coinage. Vila Nova de Foz Côa's issue was part of this wider phenomenon — a direct consequence of metal hoarding and wartime disruption to the Mint's output that persisted well into the peacetime years. These municipal notes carried no guarantee beyond the creditworthiness of the issuing câmara, which varied considerably from one concelho to the next.
The Douro region municipalities tended to issue in small runs, and survival rates for these cédulas are low — paper this thin, passed through local shops and markets, rarely survived intact.