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20 000 Réis 8th. print - Chapa 8

Issuer Banco de Portugal
Year 1898-1906
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Currency Real (decimalized, 1835-1910)
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Obverse description Blue on tan underprint. At left and right, standing allegorical female figures flank the central composition, with the Portuguese Coat of Arms positioned at bottom center. The design is executed in a classical engraved style with fine guilloche work forming the underprint field.
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Reverse lettering 20:000 20 BANCO DE PORTUGAL 20 VINTE MIL VINTE MIL
(Translation: 20,000 20 Bank of Portugal 20 Twenty Thousand Twenty Thousand)
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Comments

Banco de Portugal's 20,000 Réis notes of this period circulated at the top of the denomination ladder during the final years of the Réis system — the currency Portugal had used since the medieval period and would formally abandon in 1911 with the introduction of the Escudo at a conversion rate of 1,000 Réis to 1 Escudo. At that face value, this was not pocket change; it was a note handled by merchants and institutions, not by ordinary wage earners.

Chapa 8 denotes the eighth printing plate iteration of this design, a cataloguing convention Banco de Portugal used to track successive plate states as engraved lines wore and replacements were made. Plate-specific attribution matters here because condition and impression quality vary noticeably across chapas in this series.

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