Catalog
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| Issuer | Banco Nacional Ultramarino |
|---|---|
| Year | 1946 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | 行銀理滙外海國洋西大 BANCO NACIONAL ULTRAMARINO MACAU O GERENTE | O DIRECTOR DE FAZENDA 10 DEZ AVOS DECRETO № 35,785 LISBOA, 6 DE AGOSTO DE 1946 LITD. BY THE HONG KONG PRINTING PRESS (1946) LTD. |
| Reverse description | Printed in dark blue-green, the reverse centres on the heraldic arms of the Banco Nacional Ultramarino set within a classical architectural frame of columns and laurel branches, surrounded by intricate guilloche lacework. The bank name BANCO NACIONAL ULTRAMARINO curves around the central device, with the denomination DEZ AVOS in Latin script at left and the Chinese equivalent 壹毫 at right. MACAU with its Chinese rendering 門澳 appears below the central vignette, and COLÓNIA PORTUGUÊSA is lettered at the foot of the note. |
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| Comments |
The Banco Nacional Ultramarino issued currency for Portuguese overseas territories across Asia and Africa, and this small-denomination Macau note was printed locally in Hong Kong rather than in Lisbon or London — an arrangement driven by wartime disruption to European supply chains that persisted well into the postwar years. The Hongkong Printing Press was a practical choice for colonial notes circulating in southern China's orbit.
At ten avos, this sat at the bottom of the denomination ladder, handling everyday market transactions in a colony whose economy ran heavily on gambling revenue and entrepôt trade with the mainland.