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10 Centavos Overprint on P#6 Portuguese Guinea

Issuer Banco Nacional Ultramarino
Year 1914
Type Standard circulation banknote
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Obverse description Overprinted with the legend PAGÁVEL EM S. THIAGO over the original Bolama text of Portuguese Guinea P#6. The coat of arms appears at right, with the bank seal at bottom centre in Seal Type II. Text is arranged in letterpress style across the face of the note.
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Reverse description Central vignette shows a seated allegorical female figure turned toward the right, gazing at a sailing vessel on calm waters, rendered in fine intaglio engraving. Flanking the central scene are two ornate guilloche medallions, each bearing the denomination 0$10 in bold lettering. The bank name BANCO NACIONAL ULTRAMARINO is inscribed on ribbon banners across the upper left and upper right, with the printer's imprint BRADBURY, WILKINSON & Cº and 1ºS GRAVADORES, LONDRES at the bottom margin.
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Comments

When war broke out in 1914, small change across Portuguese colonial territories effectively vanished — silver and copper coins were hoarded or melted, and the colonial administration had no quick mechanism to replace them. The Banco Nacional Ultramarino's solution in Portuguese Guinea was blunt: overprint existing 10 Centavos denominations onto stock from the earlier P#6 series, pressing old paper into emergency service rather than waiting on a new printing from London.

Bradbury Wilkinson had produced the underlying notes, but the overprint itself is the diagnostic feature here — alignment varies considerably across surviving examples.

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