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20.000 Reis

Issuer Junta da Fazenda Publica da Provincia d'Angola
Year 1877
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Composition Paper
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Obverse description Blue-tinted note with a central Portuguese colonial arms vignette at top centre, flanked by the issuer's title in two parts across the upper margin. A large denomination numeral 'R.° 20S000' appears to the right, with the serial number field to the left. The body carries a printed text authorising payment, with a guilloche underprint, date line reading 'Loanda', and two manuscript signatures at foot.
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Reverse description Plain reverse with no printed design, consistent with the simple typographic production style of this colonial issue.
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Comments

The Junta da Fazenda Pública da Província d'Angola was a provincial treasury board, not a central bank — its note-issuing authority derived from colonial administrative necessity rather than any formal banking charter. By 1877, Angola's monetary circulation was a chronic problem: imported Portuguese metallic currency drained back to Lisbon, leaving the interior starved of transactional media. These notes were a local stopgap, issued under Lisbon's sanction but produced within the colony itself, which was unusual for Portuguese colonial issues of the period.

Printed in Angola rather than contracted to a European security printer, the production quality reflects the limitations of local facilities. That provincial origin is precisely what makes this series scarce.