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10 centavos Estremoz

Issuer Câmara Municipal de Estremoz
Year 1921
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Size 85 × 52 mm
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Obverse lettering Camara Municipal de Estremoz
Presidente
Thesoureiro
Dez Centavos
1921
(Translation: Estremoz Municipal Council / President / Treasurer / Ten Centavos / 1921)
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Reverse lettering 10 Cent
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Comments

Portuguese municipal notes of this type emerged from a severe small-change shortage that gripped the country after World War One. The national mint could not keep pace with demand for low-denomination coins, and hundreds of câmaras municipais stepped in under emergency authorization to issue their own cédulas — locally valid paper substitutes for bronze and cupro-nickel. Estremoz, a marble-quarrying town in the Alentejo, was among the smaller issuers, which directly affects survival rates today.

The 1921 dating places this note toward the tail end of the cédula period; many municipalities had already withdrawn their issues by then.

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