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1000 Escudos

Issuer Banco de Angola
Year 1956
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Currency Escudo (1958-1977)
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Protection type Watermark
Protection description Hermenegildo Capelo's portrait, visible when held to light
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Comments

By 1956, Angola was still a Portuguese Overseas Province, and the Banco de Angola operated under tight Lisbon oversight — this note circulated in an economy built almost entirely around coffee exports, which had made the territory one of Africa's leading producers by mid-decade. The 1000 Escudo denomination was serious money in that context; a laborer on a coffee plantation in the Uíge district might earn a fraction of this in a month.

Thomas De La Rue's production quality for this series is characteristically high, and the watermark security was considered adequate for the era. The P#91 series would eventually be superseded as Angola's monetary administration grew more complex in the years leading toward independence.

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