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2500 Reis

Issuer Banco Nacional Ultramarino
Year 1909
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Value 2500 Reis
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Obverse description Black on multicolour underprint. Portrait of Vasco da Gama at left, with a vignette of sailing ships at right and the Portuguese Coat of Arms at upper centre. A red bank seal appears at bottom centre, known in two varieties.
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Reverse description Printed in dark blue with a salmon-toned multicolour underprint. A large central circular vignette, encircled by the bank name legend "BANCO NACIONAL ULTRAMARINO", contains an allegorical female figure seated beside a tall-masted sailing ship. Denomination numerals "2500" appear at left and right within elaborate guilloche borders, with ornate floral and rosette cornerpieces, and the printer's imprint at the foot.
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Comments

Banco Nacional Ultramarino, the Portuguese colonial issuing bank chartered in 1864, produced this 2500 Reis note for circulation in its overseas territories — though the specific territory this series was intended for requires careful attention to the overprint or place-of-payment text, as BNU used near-identical Bradbury Wilkinson base designs across multiple colonial postings simultaneously.

Bradbury Wilkinson's intaglio work for BNU in this period is consistently fine. The 1909 date places this note shortly before Portugal's monarchy collapsed in October 1910, after which the entire colonial currency framework came under administrative pressure during the early Republican reorganization.

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