Catalog
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| Issuer | Banco Nacional Ultramarino |
|---|---|
| Year | 1941 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | BANCO NACIONAL ULTRAMARINO PROVINCIA DE CABO VERDE CEM ESCUDOS PAGAVEL NAS DEPENDENCIAS DA PROVINCIA DE CABO VERDE LISBOA, 1 de Agosto de 1941 (Translation: National Overseas Bank Province of Cape Verde One Hundred Escudos Payable at the branches of the Province of Cape Verde Lisbon, 1st August 1941) |
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| Variants | P#40a - Issued note P#40s - Specimen. Punch hole cancelled. |
| Comments |
The Banco Nacional Ultramarino occupied an unusual position in Portuguese colonial finance — it was a private chartered bank, not a central bank, yet it held the exclusive right to issue currency across multiple Portuguese overseas territories simultaneously. This note was issued for Portuguese Guinea, one of several territories sharing the BNU's umbrella issuing authority, at a moment when Lisbon was working hard to keep its Atlantic colonial network intact while Europe collapsed around it.
Bradbury Wilkinson's involvement was commercially routine for colonial currency of this period, though the London connection carries mild irony given Portugal's strict neutrality and the Blitz-era conditions under which the printing would have been completed.