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1 Escudo

Issuer Banco Nacional Ultramarino
Year 1921
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Printer Bradbury, Wilkinson and Company, London
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Obverse lettering BANCO NACIONAL ULTRAMARINO DECRETO 17.154 PROVÍNCIA DE CABO VERDE UM ESCUDO PAGÁVEL NAS DEPENDÊNCIAS DA PROVÍNCIA DE CABO VERDE LISBOA, I de Janeiro de 1921. BRADBURY, WILKINSON & Co. Ld. GRAVADORES, LONDRES
(Translation: National Overseas Bank Decree 17,154 Province of Cape Verde One Escudo Payable at the branches of the Province of Cape Verde Lisbon, 1st January 1921. Bradbury, Wilkinson & Co. Ltd. Engravers, London)
Reverse description Printed in green on a multicolour guilloche underprint. A central oval vignette encloses an allegorical seated female figure with sailing ships in the background, surrounded by the circular bank title legend. Numeral counters appear at left and right, with ornate corner flourishes and a SPECIMEN perforation visible at lower centre.
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Comments

Banco Nacional Ultramarino occupied a peculiar institutional position — a Lisbon-based private bank granted colonial issuing rights across Portuguese overseas territories, meaning this note's authority derived not from any metropolitan central bank but from a commercial charter repeatedly renewed under political pressure. The 1921 escudo issues for the various BNU territories were printed by Bradbury, Wilkinson as a batch series, with territorial overprints or specific plate variants distinguishing one colony's circulation from another's.

Without confirmed territorial attribution in the reference data, the precise destination — Mozambique, Angola, Cape Verde, or elsewhere — cannot be responsibly stated here.

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