Catalog
See full images - free registration
Continue with Google - no registration!
or register with email
Why register? Just to keep bots out of our catalog. Your email stays private - we will never share it or send you anything uninvited. We guarantee you that!
4 Centavos
| Issuer | Associação Comercial e Industrial de Espinho |
|---|---|
| Year | 1921 |
| Type | Emergency banknote |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | ASSOCIAÇÃO COMERCIAL E INDUSTRIAL DE ESPINHO CENTAVOS 4 CENTAVOS |
| Reverse description | Log in to see details |
| Reverse lettering | VALE 4 CENTAVOS Janeiro de 1921 |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Log in to see details |
| Variants | Log in to see details |
| Comments |
Espinho, a coastal town south of Porto, produced a clutch of emergency cédulas during the early 1920s when Portugal's chronic coin shortage — rooted in wartime metal requisitioning and postwar economic disorder — left small transactions nearly impossible. The Associação Comercial e Industrial, a local merchants' and industrialists' association, stepped in as issuing body because no banking authority was willing to cover denominations this small. These local cédulas had no legal tender status beyond the commercial networks that agreed to honor them.
The 4 centavos denomination is an odd one, uncommon even among Portuguese emergency issues of this period.