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5 Escudos

Issuer Banco Nacional Ultramarino
Year 1921
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Value 5 Escudos
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Obverse lettering BANCO NACIONAL ULTRAMARINO PROVINCIA DE GUINÉ CINCO ESCUDOS PAGAVEL NAS DEPENDENCIAS DA PROVINCIA DE GUINÉ LISBOA, 1 de Janeiro de 1921. BRADBURY, WILKINSON & Co. Ld. GRAVADORES, LONDRES
(Translation: National Overseas Bank Province of Guinea Five Escudos Payable at the premises of the Province of Guinea Lisbon, January 1st, 1921. Bradbury, Wilkinson & Co. Ltd. Engravers, London)
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Reverse lettering PAGAVEL NAS DEPENDENCIAS DA PROVINCIA DE GUINÉ BANCO NACIONAL ULTRAMARINO BRADBURY, WILKINSON & Co. Ld. GRAVADORES, LONDRES
(Translation: Payable at the premises of the Province of Guinea National Overseas Bank Bradbury, Wilkinson & Co. Ltd. Engravers, London)
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Comments

Banco Nacional Ultramarino occupied an unusual position in Portuguese colonial finance — it held a monopoly on note issue across multiple territories simultaneously, meaning the same institution was printing currency for Angola, Mozambique, Cape Verde, and others at the same time. This 1921 Timor issue was a low-denomination note serving a territory with minimal banking infrastructure and a population largely outside the cash economy.

Bradbury Wilkinson had a long relationship with BNU and its colonial series. Notes from this period are prone to foxing and edge wear from the tropical humidity of Timor, and genuinely clean survivors are harder to find than Pick's relative scarcity rating suggests.

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