目录
| 正面描述 | The central vignette presents a portrait of Vasco da Gama (c. 1460–1524), the Portuguese navigator renowned as the first European to reach India by sea, flanked by sailing ship vignettes within an ornamental guilloche border. The issuing bank's title and the Luanda branch payability clause appear in letterpress above and below the principal design, with the denomination stated in full across the lower register. Guilloche underprint work frames and integrates the compositional elements throughout the face. |
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| 正面铭文 | BANCO NACIONAL ULTRAMARINO O THESOUREIRO DA FILIAL EM LOANDA PAGARÁ Á VISTA AO PORTADOR CINCOENTA MIL REIS EM MOEDA CORRENTE VALOR RECEBIDO (Translation: National Overseas Bank, The Branch Treasurer in Luanda, Will pay the holder on sight fifty thousand réis in current currency, value received) |
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Banco Nacional Ultramarino occupied a peculiar position in Portuguese colonial finance — it held note-issuing rights across multiple overseas territories simultaneously, meaning the same institution was printing currency for places as far apart as Mozambique, Cape Verde, and Macau. This particular issue, denominated in réis, sits in the final years before Portugal abandoned that currency system entirely: the escudo replaced the réis in 1911, making 1909-dated notes short-lived by design.
Bradbury Wilkinson produced the plates in London, as they did for numerous colonial and semi-colonial issuers of the period who lacked domestic security printing infrastructure. The 50,000 réis face value — a consequence of the réis system's chronic inflation requiring unwieldy denominations — would have represented significant purchasing power in the territories where BNU notes circulated.