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| 正面描述 | The note is printed in blue and green tones with an intricate guilloche underprint. At left, the Portuguese arms appear within a circular medallion, while at bottom centre a large red circular seal inscribed BANCO NACIONAL ULTRAMARINO / LISBOA bears a vignette of a steamship. The denomination 20 CENTAVOS is set in a central panel, with the issuing office EM LOURENÇO MARQUES and date 5 de Novembro de 1914 appearing in the lower portion alongside two signature lines for O VICE-GOVERNADOR and O GOVERNADOR. |
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| 变体 | P#54(1) - "LOURENÇO MARQUES" in black letters P#54(2) - "LOURENÇO MARQUES" in red letters |
| 备注 |
Banco Nacional Ultramarino's 20 Centavos of 1914 belongs to a series of fractional notes issued for Portuguese overseas territories during a period when small-denomination coinage had effectively vanished from circulation — hoarded, exported, or melted. Bradbury Wilkinson printed the series in London, a firm whose work for colonial currency issuers across multiple empires was extensive and technically consistent throughout this period.
Without clearer catalog documentation of which specific territory this note was payable in — the BNU operated across Portuguese Africa, Asia, and the Pacific — the precise circulation story remains ambiguous. Pick #54 would help narrow this, but that reference should be verified against the territory designation printed on the note itself.