Catalog
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| Issuer | Câmara Municipal de Oliveira de Azeméis (District of Aveiro) |
|---|---|
| Year | |
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| Value | 2 Centavos (0.02 PTE) |
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| Composition | Log in to see details |
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| Printer | Log in to see details |
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| Obverse description | Dark and light blue note with a Mercury vignette holding a caduceus at center, set within a guilloche border framework. The issuer's name arcs along the upper margin, with the denomination numeral repeated in each corner. A hand signature appears in red ink below the central vignette. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | CAMARA MUNICIPAL DE OLIVEIRA DE AZEMEIS 2 CENTAVOS (Translation: Oliveira de Azeméis City Council 2 cents) |
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| Comments |
Oliveira de Azeméis is a small industrial municipality in the Aveiro district, and notes like this one emerged from the acute small-change shortage that paralyzed Portuguese commerce during and after the First World War. Municipal chambers across Portugal were authorized — sometimes only informally — to issue cédulas, low-denomination emergency paper, to keep local trade moving when bronze and copper coins effectively vanished from circulation.
These cédulas were never intended to outlast the crisis. Most were redeemed, worn to nothing, or simply discarded once coinage returned. Municipal issues from smaller concelhos like Oliveira de Azeméis survive in far smaller numbers than those from Lisbon or Porto.