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 The P#91 series would eventually be superseded as Angola's monetary administration grew more complex in the years leading toward independence.
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 The P#91 series would eventually be superseded as Angola's monetary administration grew more complex in the years leading toward independence.