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50 Escudos

Issuer Banco Nacional Ultramarino
Year 1921
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Printer Bradbury, Wilkinson & Co. Ltd., London
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Obverse lettering BANCO NACIONAL ULTRAMARINO PROVINCIA DE GUINÉ CINCOENTA ESCUDOS PAGAVEL NAS DEPENDENCIAS DA PROVINCIA DE GUINÉ LISBOA, 1 de Janeiro de 1921. BRADBURY, WILKINSON & Co. Ld. GRAVADORES, LONDRES
(Translation: National Overseas Bank Province of Guinea Fifty Escudos Payable at the branches of the Province of Guinea Lisbon, 1 January 1921. Bradbury, Wilkinson & Co. Ltd. Engravers, London)
Reverse description Printed in red on white paper, the reverse centres on an allegorical vignette of a female figure with sailing ships in the background, evoking maritime trade and colonial commerce. A red overprinted 'GUINÉ' inscription designates provincial use, mirroring the overprint treatment of the obverse. The bank name and printer's imprint appear in the lower margin.
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Comments

Bradbury, Wilkinson produced this note for Banco Nacional Ultramarino at a moment when the institution was managing currency across multiple Portuguese overseas territories simultaneously — Mozambique, Angola, Portuguese India, Timor, and others all drew on shared or closely related plate work from the same London firm. The specific territorial attribution for P#17 matters here: BNU issued near-identical denominations for different colonies in this period, and misattribution in older collections is common.

The 1921 date places this squarely in Portugal's First Republic years, a period of severe monetary instability on the mainland that directly pressured colonial banking authorities to maintain independent emission controls.

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