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10 Centavos
| Issuer | Banco Nacional Ultramarino |
|---|---|
| Year | 1920 |
| Type | Standard circulation banknote |
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| Obverse description | Intricate letterpress border with guilloche ornaments frames the central field, which bears the serial number, date, and two manuscript signatures beneath the issuer's name. Vignettes of Portuguese sailing ships appear at left and right, flanking the central text panel, with the Portuguese coat of arms rendered in the lower centre. The word ANGOLA appears in a cartouche at the foot of the design, and the denomination DEZ CENTAVOS is lettered vertically in the side margins. |
|---|---|
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| Reverse lettering | BANCO NACIONAL ULTRAMARINO 10 CENTAVOS (Translation: National Overseas Bank / 10 Centavos) |
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| Comments |
The Banco Nacional Ultramarino issued this note for Portuguese Guinea, one of several small-denomination paper issues produced around 1920 to address a chronic shortage of metallic small change across Portugal's African territories. The shift away from coin for fractional values was a practical response to wartime metal scarcity that outlasted the war itself in the colonial periphery.
Pick 51 is among the scarcer BNU Guinea issues of this period — the low face value meant heavy handling and rapid destruction in circulation.