Catalog
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| Issuer | Casa da Moeda de Portugal |
|---|---|
| Year | 1891 |
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| Shape | Rectangular |
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|---|---|
| Obverse lettering | CASA DA MOEDA Bronze CEM RÉIS Bronze Lisboa 6 de agosto de 1891 O DIRECTOR Serie C.n (Translation: Portuguese Mint / Bronze Hundred Réis Bronze / Lisbon, 6 August 1891 / The Director / Series C.n) |
| Reverse description | Printed in pale gray overall, the reverse is covered by a finely executed repetitive guilloche lattice underprint pattern filling the entire field within a plain ruled border. The word BRONZE is printed in letterpress across the center, surrounded by numerals and letters forming a decorative typographic background. |
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| Comments |
The Casa da Moeda — Portugal's mint — stepping into the role of banknote issuer in 1891 was itself a symptom of crisis. That year, Portugal effectively defaulted on its foreign debt, suspending convertibility and triggering a scramble for low-denomination fiduciary currency as silver coin disappeared from circulation. These 100 Réis notes were a direct response to that hoarding, intended to plug the void left by vanishing fractional coinage.
Self-printed by the issuing authority with no commercial security printer involved, the series has long attracted scrutiny over its relatively modest technical execution — a consequence of the mint's lithographic limitations at the time.