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100 Escudos

Issuer Banco Nacional Ultramarino
Year 1921
Type Standard circulation banknote
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Obverse lettering BANCO NACIONAL ULTRAMARINO PROVÍNCIA DE CABO VERDE CEM ESCUDOS PAGÁVEL NAS DEPENDÊNCIAS DA PROVÍNCIA DE CABO VERDE LISBOA, I de Janeiro de 1921. BRADBURY, WILKINSON & Co. Ld. GRAVADORES, LONDRES
(Translation: National Bank Overseas Province of Cape Verde Hundred Escudos Payable at the premises of the Province of Cape Verde Lisbon, January 1st, 1921. Bradbury, Wilkinson & Co. Ltd. Engravers, London)
Reverse description Printed in black and green. A central intaglio vignette, framed by the circular legend BANCO NACIONAL ULTRAMARINO, depicts a seated allegorical female figure holding a model sailing ship, with tall-masted vessels visible in the background. Denomination numeral 100 appears at left and right within elaborate green and black guilloche scrollwork that fills the entire field, with the payability inscription in a panel at top centre.
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Comments

Bradbury Wilkinson produced this note for the Banco Nacional Ultramarino at a moment when the institution was managing currency across multiple Portuguese overseas territories simultaneously — Angola, Mozambique, Cape Verde, Portuguese Guinea, São Tomé, Timor, and Portuguese India all fell under its remit. Determining which territory this particular issue was assigned to requires checking the overprint or place-of-payment text, since the BNU regularly used shared plate designs across colonies with only localized text differentiating them.

By 1921, Portuguese metropolitan currency was collapsing under postwar inflation, making colonial note stability a genuine administrative concern rather than a routine printing matter.

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