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1000 Escudos 2nd. print

Issuer Banco de Portugal
Year 1922-1926
Type Standard circulation banknote
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Obverse description Green and purple intaglio print on tan guilloche underprint, with a central portrait vignette of Antônio Feliciano de Castilho; the Portuguese Coat of Arms appears at right. The note is designated Chapa 2, distinguishing it as the second plate printing of this issue.
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Reverse description Purple and lilac intaglio print on a rose-toned guilloche underprint, with a large central circular vignette enclosing two classical allegorical female figures, one holding a lyre and the other a scroll, set against an ornate lathe-work border. The denomination "Mil Escudos" appears in decorative script at left, flanked by cherub vignettes at the upper corners, with the numeral "1000" repeated at lower left and right.
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Comments

Portugal's early 1920s monetary situation was dire — the escudo had depreciated sharply following World War One, and the Banco de Portugal was printing high-denomination notes under sustained fiscal pressure. The "2nd print" designation here matters: Waterlow & Sons produced at least two distinct printings of P#131, and the differences are subtle enough that misattribution between them is common in older catalogues.

Waterlow's Portuguese work in this period is worth noting — the firm held multiple concurrent contracts with Lisbon, and the 1000 Escudo plates saw heavier use than the lower denominations simply because inflation made large notes the workhorse of daily commerce.

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