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50 000 Reis

Issuer Banco Nacional Ultramarino
Year 1909
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Shape Rectangular
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Obverse description Black on multicolour underprint. At left, an intaglio portrait vignette of Vasco da Gama; sailing ships appear at right; the Portuguese coat of arms is positioned at upper centre; a red bank seal is applied at bottom centre, known in two varieties. Fine guilloche work forms the underprint across the entire note.
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Reverse description Dark green on multicolour underprint. A large central circular vignette, framed by the inscription BANCO NACIONAL ULTRAMARINO, contains an allegorical seated female figure with a sailing ship in the background. Bold numerals "50" appear to either side of the central medallion, all set within intricate guilloche lacework in green, yellow, red, and blue tones; the payability inscription appears in red at upper centre.
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Variants P#12as - seal with text "Filial em S. Thomé" Specimen
P#12b - seal with text "Colonias, Commercio, Agricultura"
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