Catalog
100 Escudos
| Issuer | Banco Nacional Ultramarino |
|---|---|
| Year | 1921 |
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| Size | 192 × 125 mm |
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| Reverse description | Violet intaglio on a green guilloche underprint. A central circular vignette, bordered by the legend BANCO NACIONAL ULTRAMARINO, presents a seated allegorical female figure gazing toward a sailing vessel and a steamship at sea; denomination numerals 100 appear at left and right within elaborate guilloche panels. A rectangular cartouche at the top carries the payability inscription. |
| Reverse lettering | PAGAVEL NAS DEPENDENCIAS DA PROVINCIA DE GUINÉ BANCO NACIONAL ULTRAMARINO Bradbury, Wilkinson & Co. Ld. Gravadores, Londres (Translation: Payable at the branches of the Province of Guinea National Overseas Bank Bradbury, Wilkinson & Co. Ltd. Engravers, London) |
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| Comments |
Banco Nacional Ultramarino occupied an unusual position in Portuguese colonial finance — it held note-issuing rights not just for Mozambique but simultaneously across multiple overseas territories, a monopoly that periodically drew criticism from Lisbon and from rival commercial interests. This 1921 issue predates the major currency reforms that would restructure colonial monetary arrangements through the mid-1920s, and Bradbury Wilkinson's involvement here is unsurprising given their dominance in supplying colonial paper to Portuguese-administered territories during this period.
Pick #18 is among the scarcer early Mozambique issues; wartime disruptions to shipping and finance in the preceding decade had left circulating stock erratic, and the 100 Escudo denomination would have moved primarily through commercial rather than retail channels.