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10 Mil Réis
| Issuer | Banco de Portugal, Funchal |
|---|---|
| Year | 1878 |
| Type | Standard circulation banknote |
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|---|---|
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| Reverse description | Green-tinted back with an elaborate guilloche border framing a central oval medallion bearing the text BANCO DE PORTUGAL and the numeral 10. Symmetrical scrollwork fills the field on either side of the central motif, with BANCO DE PORTUGAL lettered across the middle register. A row of cancellation punch holes is present in the lower half, and manuscript annotations appear in the upper margin. |
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| Protection type | Watermark |
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| Comments |
The Banco de Portugal's Funchal branch operated as a regional issuer for Madeira, legally distinct in its note-issuing authority from the Lisbon parent. This 10 Mil Réis from 1878 belongs to one of the earliest series put out under that arrangement — a period when the archipelago's commercial economy was still heavily dependent on wine exports and the branch's notes functioned in a genuinely isolated monetary environment.
Pick 2 is scarce. Funchal-branch notes of this vintage rarely survived in any number; the island's humidity has not been kind to cotton-paper issues of the period.