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| 正面铭文 | BANCO NACIONAL ULTRAMARINO EM LOURENÇO MARQUES VINTE 20 CENTAVOS MOEDA CORRENTE LISBOA, 5 DE NOVEMBRO DE 1914 BANCO·NACIONAL·ULTRAMARINO COLONIAS, COMMERCIO, AGRICULTURA O VICE-GOVERNADOR O GOVERNADOR |
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| 背面铭文 | BANCO NACIONAL ULTRAMARINO 0$20 0$20 BRADBURY, WILKINSON & CO. LD GRAVADORES, LONDRES |
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Banco Nacional Ultramarino's 20 Centavos of 1914 belongs to a fractional emergency issue prompted by a chronic shortage of small silver coinage across Portuguese colonial territories — a problem that plagued the BNU for decades and forced repeated resort to low-denomination paper scrip. Bradbury Wilkinson, already well established as a security printer for colonial and Commonwealth issuers by this point, handled the production in London.
Pick 57 is notably scarce in any grade. Small-denomination notes of this period circulated hard and were discarded rather than saved.