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50 Avos Banco Nacional Ultramarino

Issuer Banco Nacional Ultramarino
Year 1946
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Reference(s) P#38
Obverse description Blue and pink lithographed note with a central guilloche panel bearing the large numeral '50' above the denomination legend 'CINQUENTA AVOS'. A vignette to the left depicts a Chinese junk under sail on open water, while to the right a circular medallion carries the Banco Nacional Ultramarino seal with a sailing ship. Chinese characters appear in the corners and along the top border, with the bank name and 'MACAU' inscribed in the upper field; decree details, two facsimile signatures, and the printer's imprint run along the lower margin, with a red serial number panel at centre-bottom.
Obverse lettering 行銀理滙外海國洋西大 BANCO NACIONAL ULTRAMARINO MACAU 50 CINQUENTA AVOS DECRETO № 35,785 LISBOA, 6 DE AGOSTO DE 1946 O GERENTE | O DIRECTOR DE FAZENDA LITD. BY THE HONG KONG PRINTING PRESS (1946) LTD.
Reverse description Printed entirely in rose-red, the reverse is dominated by a large central medallion with an elaborate guilloche surround bearing the inscription 'BANCO NACIONAL ULTRAMARINO' and enclosing the Portuguese royal coat of arms at centre, with 'MACAU' inscribed on a cartouche at the foot of the medallion. The denomination 'CINQUENTA AVOS' appears in a rectangular panel to the left, with Chinese characters '伍毫' to the right, and the legend 'COLÓNIA PORTUGUÊSA' is printed below the central composition.
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