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10 Centavos seal types I and II

Issuer Banco Nacional Ultramarino
Year 1914
Type Standard circulation banknote
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Obverse lettering BANCO NACIONAL ULTRAMARINO EM S. TIAGO DEZ CENTAVOS MOEDA CORRENTE LISBOA, 5 de Novembro de 1914. Bradbury, Wilkinson & Co. Ld. Gravadores, Londres
(Translation: National Overseas Bank in St. Tiago Ten Centavos Legal Tender Lisbon, 5 November 1914. Bradbury, Wilkinson & Co. Ltd. Engravers, London)
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Reverse lettering BANCO NACIONAL ULTRAMARINO 0$10
BRADBURY, WILKINSON & Co. Lº GRAVADORES LONDRES
(Translation: National Overseas Bank 0$10. Bradbury, Wilkinson & Co. Ltd. Engravers London)
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Bradbury, Wilkinson printed this note for the Banco Nacional Ultramarino, the Portuguese colonial bank that held exclusive note-issuing rights across Portugal's overseas territories. The distinction between seal types I and II — a cataloguer's refinement rather than a change visible to everyday users — reflects different authorization stamps applied at different points in the note's administrative life, a common complication in BNU issues of this period.

At ten centavos, this was fractional emergency currency, filling the coin shortage that disrupted Portuguese colonial circulation during the First World War.