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3 Centavos Azambuja
| Issuer | Câmara Municipal de Azambuja |
|---|---|
| Year | 1921 |
| Type | Standard circulation banknote |
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| Obverse description | Violet letterpress note with a decorative guilloche border running along all four edges, incorporating the repeated text 'CAMARA MUNICIPAL DE AZAMBUJA' as a lateral underprint on both sides. A central vignette at top displays a coat of arms or municipal emblem flanked by the institution's name in bold capitals. The large numeral '3' occupies a circular frame at left-centre, with the denomination 'CENTAVOS' below, while the deliberation date and the title 'O Presidente da Comissão Executiva' appear to the right above a manuscript signature. |
|---|---|
| Obverse lettering | CAMARA MUNICIPAL DE AZAMBUJA DELIBERAÇÃO DE 14 DE OUTUBRO DE 1921 O PRESIDENTE DA COMISSÃO EXECUTIVA 3 CENTAVOS (Translation: City Council of Azambuja Deliberation of October 14, 1921 The President of the Executive Commission 3 Cents) |
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| Comments |
Azambuja is a small municipality on the Tagus plain north of Lisbon, and its 1921 cédula issues belong to the chaotic wave of emergency municipal scrip that flooded Portugal during the early Republic. The Banco de Portugal simply could not keep fractional coinage in circulation — wartime metal shortages had pulled coins out of the economy and they never came back at the small denominations — so hundreds of câmaras, misericórdias, and commercial houses printed their own low-value paper under government authorization from 1917 onward.
The 3 centavos denomination is among the smallest issued anywhere in the series. Survival rates are poor; the notes were used hard and discarded once central coinage recovered.