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5 Avos Banco Nacional Ultramarino
| Issuer | Banco Nacional Ultramarino |
|---|---|
| Year | 1920 |
| Type | Log in to see details |
| Value | 5 Avos (0.05 MOP) |
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| Composition | Log in to see details |
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| Engraver(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Brown ink on a pale guilloche underprint, centred on a large oval medallion enclosing the numeral 5 above the denomination text within an intricate rosette, with symmetrical floral sprays to either side. Radiating line patterns fill the field, while the bank name and place name are arranged in a curved border around the perimeter, with Chinese characters running along the lower margin. |
| Reverse lettering | MACAU BANCO NACIONAL ULTRAMARINO 5 CINCO AVOS 大西洋國海外處通理銀行 門澳 伍仙 (Translation: Macau Overseas National Bank Five Avos Atlantic Overseas Bank Macau Five Cents) |
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| Comments |
Banco Nacional Ultramarino's tiny 1920 fractional notes for Macau were a direct response to acute small-change shortages that plagued Portuguese colonial territories in the aftermath of the First World War. Metal was scarce, subsidiary coinage had effectively dried up, and emergency paper in very low denominations was the practical stopgap. The Hongkong Printing Press — a commercial operation serving the colony's routine printing needs — was the pragmatic local choice rather than any prestige European security printer.
At 84 × 46 mm, this is among the smallest-format notes the BNU produced for any territory. Survival rates are poor; notes this small and low-denomination were used hard, pocketed loose, and rarely preserved.