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20 Centavos

Issuer Banco Nacional Ultramarino
Year 1914
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Value 20 Centavos (0.20)
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Obverse description The obverse is printed in blue-green on a light ground, with the denomination '20 CENTAVOS' in a central oval guilloche cartouche and a second numeral '20' vignette to the left. To the right, a circular medallion bears the Portuguese coat of arms, while a central red-ink circular seal carries a steamship vignette inscribed 'BANCO NACIONAL ULTRAMARINO LISBOA'. The note bears two manuscript signatures above the titles 'O VICE-GOVERNADOR' and 'O GOVERNADOR', with the issue place 'LOANDA' and date '5 de Novembro de 1914' printed at lower right.
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Reverse lettering BANCO NACIONAL ULTRAMARINO
0$20
0$20
BRADBURY WILKINSON & C° GRAVADORES, LONDRES
(Translation: National Overseas Bank, engravers, London)
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Comments

The Banco Nacional Ultramarino issued this 20 Centavos note in 1914 for use in Portuguese overseas territories — though without additional context from the specific overprint or place of payment, pinning down exactly which colony received it requires checking the face text directly. BNU operated across Mozambique, Angola, Cape Verde, São Tomé, Goa, Macau, and Timor simultaneously, often using Bradbury Wilkinson plates adapted between territories with minimal modification.

Bradbury Wilkinson's involvement with Portuguese colonial currency ran for decades; the London firm was among the most technically accomplished intaglio printers of the period, and BNU returned to them repeatedly for fractional notes that saw hard daily use in markets where coin shortages were chronic.

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