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1000 Escudos
| Issuer | Banco Nacional de S. Tomé e Príncipe |
|---|---|
| Year | 1976 |
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| Composition | Paper |
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|---|---|
| Obverse lettering | BANCO NACIONAL ULTRAMARINO DECRETOS LEI 39221 E 44891 S. TOMÉ E PRINCIPE MIL ESCUDOS LISBOA, 11 de MAIO de 1964. BANCO NACIONAL DE S. TOMÉ E PRÍNCIPE S. Tomé, 1 de Junho de 1976. (Translation: National Bank Overseas Decrees Laws 39221 and 44891 St. Thomas and Prince Thousand Escudos Lisbon, May 11, 1964. National Bank of St. Thomas and Prince S. Tomé, June 1st, 1976.) |
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| Reverse lettering | BANCO NACIONAL ULTRAMARINO PAGÁVEL EM S. TOMÉ E PRINCIPE MIL ESCUDOS BRADBURY, WILKINSON & Co. Lto. GRAVADORES, NEW MALDEN, SURREY, INGLATERRA (Translation: National Bank Overseas Payable in St. Thomas and Prince Thousand Escudos Bradbury, Wilkinson & Co Ltd Engravers, New Malden, Surrey, England) |
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| Comments |
São Tomé and Príncipe declared independence from Portugal in July 1975, and this note — issued the following year — belongs to the country's first sovereign currency series. The Banco Nacional was established almost simultaneously with independence, meaning the monetary infrastructure had to be built from scratch at extraordinary speed. Bradbury Wilkinson, then still operating out of New Malden, had long experience supplying newly independent nations with their inaugural paper.
The 1,000 escudo denomination is the highest in the P#48 series, making surviving circulated examples harder to find than the lower values — high-denomination notes in small island economies tend to pass through fewer hands but get worn faster by each one.