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1 Escudo

Issuer Banco Nacional Ultramarino
Year 1944
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Currency Escudo (1911-1974)
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Obverse description Oval intaglio portrait vignette of António Ennes at left, his name inscribed below in the frame. At right, a circular bank seal vignette engraved with a steamship at sea, surrounded by the legend BANCO NACIONAL ULTRAMARINO / COLONIAS COMMERCIO AGRICULTURA. The centre of the note carries a multicolour guilloche underprint with the denomination UM ESCUDO in large bold lettering, above the date LISBOA, 23 de Maio de 1944, the decree reference DECRETO N.º 17.154, and two manuscript signatures below their respective titles O ADMINISTRADOR and O PRESIDENTE DO CONSELHO ADMINISTRATIVO.
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Reverse lettering UM ESCUDO
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Comments

Banco Nacional Ultramarino's wartime 1 Escudo issues for Portuguese Guinea were produced by Bradbury Wilkinson at a moment when the colony's low-denomination paper currency was effectively doing the work that coins could not reliably supply. Metal shortages during the Second World War disrupted coin production and distribution across Portuguese Africa, pushing small-value notes into everyday transactional use they would not otherwise have seen.

Bradbury Wilkinson's intaglio work on minor colonial issues of this period is consistently fine, often exceeding what the denomination itself demanded.

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