Catalog
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| Issuer | Banco Nacional Ultramarino |
|---|---|
| Year | 1920 |
| Type | Log in to see details |
| Value | 1 Escudo |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | O Banco Nacional Ultramarino FILIAL EM LOURENÇO MARQUES No. 02402 pagará ao portador a quantia de um escudo. Esc. 1$00 Lourenço Marques, 10 de Julho de 1920. T.P. MINERVA CENTRAL O Presidente da Assembleia Geral da Camara do Comercio de Lourenço Marques |
| Reverse description | Plain unprinted reverse on thin paper stock, showing light show-through of the obverse text and vignette. A staple hole is visible near the upper centre, consistent with emergency cheque handling. No design elements or printed text are present. |
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| Comments |
The Banco Nacional Ultramarino's wartime and immediate postwar issues for Mozambique were driven by a chronic coin shortage that plagued Portuguese colonial territories throughout the late 1910s. This 1 Escudo was printed locally by Tipografia Minerva Central in Lourenço Marques — unusual at a time when most colonial paper money of any pretension was contracted to European security printers. Local production kept costs down but introduced inconsistencies in ink density and registration that collectors encounter regularly across the P#65 series.
The BNU held the monopoly of issue for Portuguese overseas territories, and the 1920 Mozambique fractional notes were emergency stopgaps, not prestige issues.