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10 Avos
| Issuer | Banco Nacional Ultramarino |
|---|---|
| Year | 1940 |
| Type | Local banknote |
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| Obverse description | Green intaglio print on a fine guilloche underprint. At left, an oval vignette encircled by the legend BANCO NACIONAL ULTRAMARINO and COLONIAS COMMERCIO AGRICULTURA shows a steam vessel underway at sea. To the right, the denomination DEZ AVOS appears in a rectangular panel above the large territorial inscription TIMOR, with the date TIMOR, 19 DE JULHO DE 1940 below. Two manuscript signatures appear at bottom centre beneath the role titles O ADMINISTRADOR and O PRESIDENTE DO CONSELHO ADMINISTRATIVO, with the serial number repeated at upper right and lower left. The printer's imprint BRADBURY, WILKINSON & CO LD GRAVADORES LONDRES appears at the bottom margin. |
|---|---|
| Obverse lettering | BANCO NACIONAL ULTRAMARINO DEZ AVOS TIMOR TIMOR, 19 DE JULHO DE 1940 O ADMINISTRADOR O PRESIDENTE DO CONSELHO ADMINISTRATIVO BRADBURY, WILKINSON & CO LD GRAVADORES LONDRES (Translation: National Overseas Bank / Ten Avos / Timor / Timor, 19 July 1940 / The Administrator / The President of the Administrative Council / Bradbury, Wilkinson & Co Ltd Engravers London) |
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| Comments |
Banco Nacional Ultramarino's small-denomination wartime issues for Macau occupy an odd corner of Portuguese colonial monetary history. By 1940, the territory was technically neutral — Portugal had stayed out of the war — but surrounded by Japanese-occupied China and acutely vulnerable to supply disruption. Low-denomination fractional notes like this one were a practical response to coin shortages, with metal increasingly difficult to source and circulate reliably.
Bradbury Wilkinson produced the plate work in London under conditions that were anything but routine — the firm was printing colonial currency throughout the Blitz period.