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5 Rupias

Issuer Banco Nacional Ultramarino
Year 1945
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Currency Rupia (1880-1958)
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Obverse description Green intaglio print on blue and multicolour underprint. The bank seal bearing a steamship vignette appears at upper left, with a portrait of Afonso de Albuquerque at right. Numeral 5 is printed at each of the four corners.
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Reverse lettering BANCO NACIONAL ULTRAMARINO PAGAVEL NA INDIA PORTUGUESA
(Translation: National Bank Overseas Payable in Portuguese India)
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Comments

Banco Nacional Ultramarino issued this note for circulation in Portuguese India — Goa, Daman, and Diu — where the rupia remained the local currency distinct from the metropolitan escudo. The BNU held the note-issuing monopoly for Portugal's overseas territories, and the 1945 date places this squarely in the wartime period when Goa's neutral status under Portuguese sovereignty made it an unusual economic island surrounded by British India.

Bradbury Wilkinson's intaglio work for colonial issuers of this period is generally fine, and the P#35 series is no exception. These small-denomination rupias circulated hard and survivors in decent condition are not abundant.