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5 Avos
| Issuer | Banco Nacional Ultramarino |
|---|---|
| Year | 1940 |
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| Composition | Log in to see details |
| Size | 90 × 55 mm |
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|---|---|
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| Reverse description | The reverse, printed entirely in red on cream paper, is composed of an elaborate guilloche design centred on a large lobed cartouche bearing the denomination "CINCO AVOS" in bold serif lettering. Two circular guilloche rosettes at left and right each carry the numeral "5" above "AVOS". The issuer's name "BANCO NACIONAL ULTRAMARINO" arches across the top within a decorative border, and the territorial name "TIMOR" is set in a framed rectangular panel at the base, flanked by foliate ornaments. |
| Reverse lettering | BANCO NACIONAL ULTRAMARINO CINCO AVOS 5 AVOS TIMOR (Translation: National Overseas Bank / Five Avos / 5 Avos / Timor) |
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| Comments |
Banco Nacional Ultramarino issued this Timor 5 Avos as part of a wartime series necessitated by the near-impossibility of supplying the territory with adequate coinage. Japanese occupation of Timor from 1942 onward disrupted normal monetary operations entirely, and notes of this denomination — too small for most transactions in calmer times — became genuinely necessary for day-to-day exchange under occupation conditions.
Bradbury Wilkinson printed the series in London before the occupation cut off resupply. How many reached circulation before the Japanese arrived, and how many were destroyed or captured, remains difficult to establish with precision.