Catalog
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| Issuer | Banco Nacional Ultramarino |
|---|---|
| Year | 1924 |
| Type | Standard circulation banknote |
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| Composition | Log in to see details |
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| Obverse description | Central vignette presents the Saptakoteshwar temple of Lord Shiva, located at Narve-Bicholim near Panaji, Goa. Bilingual text panels flank the central vignette on both sides, with the issue date at lower right and a boxed serial number at upper right and lower left. A signature panel appears along the lower portion of the note. |
|---|---|
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| Protection type | Watermark |
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| Comments |
The Banco Nacional Ultramarino's Portuguese India branch issued this note during a period when Goa's monetary affairs were administratively distinct from both metropolitan Portugal and British India next door. Thomas De La Rue had been the BNU's printer of choice for colonial issues across multiple territories, and the quality of the intaglio work on this series reflects that long commercial relationship.
The 1924 dating places it within a short window before revised colonial banking regulations tightened control over note issuance from Lisbon. Survivors are genuinely uncommon — Portuguese India saw hard daily use of its paper currency, and the humid coastal climate was not kind to De La Rue's stock.