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10 Centavos seal types I and II

Issuer Banco Nacional Ultramarino
Year 1914
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Size 120 × 71 mm
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Obverse description Purple intaglio print over a multicolour guilloche underprint, with the Portuguese Coat of Arms placed at right and the bank seal at bottom centre — issued in two varieties distinguished by seal type. Inscriptions across the face identify the issuing branch, denomination, and date of issue in period typography. The overall composition is characteristic of Bradbury, Wilkinson & Co. engraving work of the early twentieth century.
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Reverse description Blue intaglio print over a yellow guilloche underprint, centred on a seated female allegorical figure turned toward a vignette of a sailing vessel and steamship rendered in fine engraving. Two ornate rosette medallions flanking the central composition each carry the denomination "0$10", while the bank name is split across decorative ribbon cartouches in the upper left and upper right corners. The lower margin bears the printer's imprint in small lettering.
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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.

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