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10 Centavos seal type III

Issuer Banco Nacional Ultramarino
Year 1914
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Value 10 Centavos (0.10)
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Obverse lettering BANCO NACIONAL ULTRAMARINO EM BOLAMA DEZ CENTAVOS MOEDA CORRENTE LISBOA, 5 de Novembro de 1914.
(Translation: National Bank Overseas in Bolama Ten Cents in Currency Lisbon, November 5, 1914.)
Reverse description Blue-green on yellow underprint. A classical female allegorical figure stands at centre, rendered in intaglio, with a sailing ship vignette in the background. Two guilloche medallions bearing the denomination "0$10" flank the central vignette at left and right, with the bank's name split across decorative ribbon banners at top and the printer's imprint at bottom centre.
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Comments

The Banco Nacional Ultramarino issued this note for circulation in Portuguese Guinea, one of the more isolated corners of the colonial currency network. Bradbury Wilkinson produced the printed base in London, but the seal type III designation marks a specific overprint or stamping applied to distinguish authorized emission batches — a practice BNU used across multiple territories to control re-issue without commissioning entirely new printing runs.

The 1914 date places this squarely in a period when colonial small-denomination notes were absorbing coin shortages driven by wartime metal demands in Europe. Ten centavos in fractional paper form was a pragmatic stopgap, not a planned instrument.