25 Patacas

Emittente	Banco Nacional Ultramarino
Anno	1945
Tipo	Accedi per vedere i dettagli
Valore	Accedi per vedere i dettagli
Valuta	Accedi per vedere i dettagli
Composizione	Paper
Dimensioni	Accedi per vedere i dettagli
Forma	Accedi per vedere i dettagli
Stampatore	Accedi per vedere i dettagli
Disegnatore/i	Accedi per vedere i dettagli
Incisore/i	Accedi per vedere i dettagli
In circolazione fino al	Accedi per vedere i dettagli
Riferimento/i	Accedi per vedere i dettagli

Descrizione del dritto	Printed in shades of dark red and brown, the obverse centres on a vignette of a traditional Timorese village with thatched-roof huts set amid tropical foliage. The bank title BANCO NACIONAL ULTRAMARINO appears across the top panel in bold letterpress, with the denomination in both Western numerals and Chinese characters repeated in the corners and along the lower border. The date and decree reference LISBOA, 16 de Novembro de 1945 appear in the lower right field, flanked by two facsimile signature lines and the word TIMOR in a lower guilloche band.
Legenda del dritto	Accedi per vedere i dettagli
Descrizione del rovescio	The reverse is executed in the same dark red-brown palette, with a central circular vignette of a steamship at sea, enclosed within the Banco Nacional Ultramarino seal inscribed BANCO NACIONAL ULTRAMARINO / COLONIAS COMMERCIO AGRICULTURA. Two large guilloche rosettes bearing the numeral 25 flank the central motif on either side, with Chinese characters for the denomination in the outer corners. The legend BANCO NACIONAL ULTRAMARINO / PAGAVEL NA COLONIA DE TIMOR arcs across the upper register, and VINTE E CINCO PATACAS is lettered across the lower portion in bold type.
Legenda del rovescio	Accedi per vedere i dettagli
Firma/e	Accedi per vedere i dettagli
Tipo di protezione	Accedi per vedere i dettagli
Descrizione della protezione	Accedi per vedere i dettagli
Varianti	Accedi per vedere i dettagli
Commenti	Waterlow & Sons printed this issue for Macau during the final year of the Second World War — a period in which the Portuguese enclave had maintained nominal neutrality while surrounded by Japanese-occupied territory. That precarious position kept the colony's financial infrastructure functioning independently of Lisbon's direct control, and the Banco Nacional Ultramarino operated accordingly, issuing notes to manage a local economy under severe pressure from wartime inflation and commodity scarcity. P#20 is considerably scarcer than the later Waterlow-printed issues for Macau. Surviving examples in any honest circulated grade are not common, and the 1945 date places this at the very end of a troubled interval in the colony's history.