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50 Centavos
| Issuer | Banco Nacional Ultramarino |
|---|---|
| Year | 1914 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Escudo (1911-1974) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO NACIONAL ULTRAMARINO EM LOURENÇO MARQUES CINCOENTA CENTAVOS MOEDA CORRENTE |
| Reverse description | A central oval vignette presents a seated allegorical female figure against a background of sailing vessels, flanked on each side by ornate guilloche rosettes enclosing the denomination numeral 0$50. The bank title appears in ribbon banners across the upper portion of the note, with the printer's imprint running along the bottom margin. |
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| Comments |
Banco Nacional Ultramarino's 50 Centavos issue of 1914 belongs to the wartime contraction of coinage that hit Portugal's colonial monetary network hard. With silver increasingly hoarded or redirected by the outbreak of the First World War, low-denomination paper substitutes became necessary across the Ultramarino's territories — this note was part of that emergency response, though it circulated under the bank's metropolitan Portuguese authority rather than any single colony.
Bradbury Wilkinson's intaglio work on small-format fractional notes from this period is consistently fine, a quality that actually complicated matters: the notes were frequently retained rather than returned, thinning surviving populations considerably.