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50 000 Reis Bolama seal

Issuer Banco Nacional Ultramarino
Year 1909
Type Standard circulation banknote
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Obverse lettering BANCO NACIONAL ULTRAMARINO O THESOUREIRO DA AGENCIA DE BOLAMA PAGARÁ Á VISTA A PORTADOR CINCOENTA MIL RÉIS EM MOEDA CORRENTE VALOR RECIBIDO LISBOA, I DE MARÇO DE 1909.
(Translation: National Bank Overseas the Treasurer of the Agency of Bolama pay to the bearer Fifty Thousand Reis in currency amount received Lisbon, March 1, 1909.)
Reverse description Green on multicolour underprint with yellow and orange oval guilloche centre. A central circular vignette, inscribed BANCO NACIONAL ULTRAMARINO around its border, encloses an allegorical seated female figure with a sailing ship in the background. Bold numeral "50" appears in yellow at both left and right flanking the central medallion, above the printer's imprint at lower centre.
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Comments

The Banco Nacional Ultramarino served as the colonial note-issuing authority across Portugal's overseas territories, and this 50,000 Reis note is distinguished by its Bolama seal — the administrative capital of Portuguese Guinea at the time, a posting so remote and commercially thin that notes assigned there circulated in tiny numbers. Bradbury Wilkinson produced the series in London, as they did for a substantial portion of Portuguese colonial paper across this period.

The Reis denomination itself was already obsolete currency doctrine by 1909; Portugal had been running parallel escudo planning for years and would formally convert in 1911. Notes at this face value were effectively large-denomination instruments in a territory with almost no banking infrastructure to absorb them.

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