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50 Escudos

Issuer Banco Nacional Ultramarino
Year 1947
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Value 50 Escudos
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Obverse description Red on multicolour underprint. Portrait of J. Teixeira Pinto at left, steamship seal at right, with GUINÉ overprint. Guilloche patterns frame the central design.
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Reverse description Red intaglio print. Central allegorical vignette of a seated female figure with sailing ships in the background, flanked by large denomination numerals '50' on either side within radiating guilloche rosettes. Bank title 'BANCO NACIONAL ULTRAMARINO' across top, overprint 'PAGAVEL NA COLONIA DA GUINE' in panel above, printer's imprint 'BRADBURY, WILKINSON & CO.' at bottom centre.
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Comments

Bradbury, Wilkinson & Co. produced this note for the Banco Nacional Ultramarino at a moment when Portuguese colonial finance was under considerable strain — postwar reconstruction across the empire demanded liquidity, and Mozambique in particular was absorbing significant infrastructure expenditure. The BNU served as the note-issuing authority across multiple overseas territories simultaneously, meaning the same printed sheets, differentiated only by overprint or signature combination, might circulate in vastly different economic conditions.

Two distinct signature combinations are recorded for P#34, suggesting the note straddled at least one administrative transition at the bank's directorate level. Vieira Machado had served as Colonial Minister before his banking role — unusual career crossover for a signatory.

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