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1 Pataca Banco Nacional Ultramarino, uncrowned arms

Issuer Banco Nacional Ultramarino
Year 1912
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Shape Rectangular
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Obverse description The obverse is printed in reddish-brown on a light ground, with the denomination numeral "1" in each corner and a central oval guilloche vignette bearing the "$1" value indicator. The bank title "BANCO NACIONAL ULTRAMARINO" appears in a curved banner across the upper register, with serial numbers flanking the central design. Below, the text of the promise to pay "UMA PATACA" is set within a rectangular panel, the date "LISBOA 1 de Janeiro de 1912" appears beneath, and Chinese characters for the denomination are printed at the lower corners alongside the signature lines for the Governor and Vice-Governor.
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Reverse lettering 行銀理滙外海國洋西大 BANCO NACIONAL ULTRAMARINO 壹 $1 圓 UMA PATACA 門澳 MACAU 門澳 BARCLAY & FRY, LIMITED, LONDON, S. E.
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Comments

Banco Nacional Ultramarino held the exclusive note-issuing concession for Portuguese Macau from 1902, and this 1912 Pataca belongs to the early years of that arrangement. The "uncrowned arms" designation distinguishes it from later variants issued after the fall of the Portuguese monarchy in 1910 prompted the removal of the royal crown from official iconography — the republic was still in the process of standardizing its symbols when these notes entered circulation.

Barclay & Fry, active in London until their absorption into De La Rue in 1922, handled a significant volume of colonial currency work for Portuguese territories in this period. P#7 is among the scarcer survivors from this printer's Macanese output.

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