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10 Patacas Banco Nacional Ultramarino

Issuer Banco Nacional Ultramarino
Year 1991
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Value 10 Patacas (10 MOP)
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Obverse description Intaglio-printed vignette of the Dr. Sun Yat-Sen Memorial House at right, set against a guilloche underprint in brown and cream tones with decorative floral border panels. The bilingual denomination "DEZ PATACAS / 拾圓" appears in bold intaglio lettering at centre, with the bank's circular seal at bottom centre and the issuing authority's bilingual title rendered above. Two facsimile signature panels for the Presidente and the Director Geral do Departamento de Macau are positioned at lower centre, beneath the date inscription "MACAU, 8 DE JULHO DE 1991".
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Protection type Watermark
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Comments

The Banco Nacional Ultramarino had been Macau's note-issuing authority since 1902, a privilege that survived the transition from Estado Novo to post-Carnation Revolution Portugal and remained intact right up to handover. By 1991, with the 1999 transfer to China already on the horizon and formally scheduled, the BNU was issuing into an increasingly peculiar political situation — a Portuguese colonial currency authority printing money for a territory whose fate was already sealed by the 1987 Sino-Portuguese Joint Declaration.

Thomas De La Rue produced the series with a single watermark as the primary security feature, modest by the standards of the period.

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