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50 Centavos

Issuer Banco de Portugal
Year 1918-1920
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Value 50 Centavos (0.50 PTE)
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Obverse description Purple intaglio vignette on a guilloche underprint, with a female allegorical figure at left holding a sailing ship in her cupped hands, rendered in a classical engraved style. The bank title 'BANCO DE PORTUGAL' is inscribed across the top between arabesque ornaments, with the denomination '50' repeated in the upper corners and in a large numeral at lower right. The date, chapa number (Ch. 1), serial number, and manuscript signatures of the Governor and Director appear in the central field.
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Reverse description Green and purple bicolor print on a light guilloche underprint, with a seated allegorical female figure at center holding a staff topped with scales of justice in her right hand, a scroll resting at her feet. A large circular medallion at right carries the 'BANCO DE PORTUGAL' inscription in bold lettering, while the denomination '50' appears in the lower left and right corners flanking the central vignette.
Reverse lettering BANCO DE PORTUGAL CINCOENTA CENTAVOS 50
(Translation: Bank of Portugal Fifty Centavos)
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