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5 Centavos Casa da Moeda
| Issuer | Casa da Moeda de Portugal |
|---|---|
| Year | 1918 |
| Type | Standard circulation banknote |
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| Obverse description | Printed in green on white paper, the obverse is framed by an ornate guilloche border with corner vignettes bearing the monogram of the Casa da Moeda. The issuer's name "CASA DA MOEDA" appears in an arched legend at upper center, with the denomination "CINCO CENTAVOS" in bold lettering flanked by the word "BRONZE" on either side. The date "LISBOA 5 DE ABRIL DE 1918", series designation, and a manuscript signature of the administrative council president appear in the lower portion, above a numeral "5" at bottom center. |
|---|---|
| Obverse lettering | CASA DA MOEDA BRONZE CINCO CENTAVOS BRONZE Serie FD LISBOA 5 DE ABRIL DE 1918 Serie FD O PTe CONSo ADMo 5 (Translation: Mint House / Bronze Five Centavos Bronze / Series FD Lisbon 5 April 1918 Series FD / The Administrative Council President / 5) |
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| Comments |
Portugal's wartime monetary disruption of 1917–1918 pushed the government to authorize the Casa da Moeda — the mint — to issue emergency low-denomination paper directly, bypassing the Banco de Portugal entirely. Metal coinage had effectively vanished from circulation, hoarded or melted, and the gap at the fractional level was acute enough that the mint itself became an issuing authority, an arrangement without precedent in modern Portuguese monetary history.
These small-format emergency cédulas circulated alongside similar issues from municipal chambers and other improvised authorities. The self-printed, self-issued nature of this note — the same institution designed, printed, and put it into circulation — is the detail that sets the series apart.