5 Patacas Stamp PAGAVEIS EM TIMOR over '5 Patacas', Macau

Pick 6 is a Macau 5 Patacas base note — almost certainly from the 1920s series — overstamped for use in Portuguese Timor, with "PAGAVEIS EM TIMOR" applied to redirect an existing stock rather than commission a new printing. Banco Nacional Ultramarino routinely managed currency across multiple Portuguese territories this way, adapting metropolitan or Macau-printed supplies to serve Timor when dedicated issues were either unavailable or impractical to procure.

The overstamp practice makes accurate dating complicated. The 1933 date reflects the stamping year, not necessarily when the underlying note was produced by De La Rue in London.