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50 Escudos
| Issuer | Banco de Angola |
|---|---|
| Year | 1972 |
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| Currency | Escudo (1958-1977) |
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| Obverse description | Central vignette comprises a portrait of Marshal António Óscar de Fragoso Carmona (1869–1951), 11th President of Portugal, rendered in intaglio against a fine guilloche underprint. The Portuguese Angolan National Coat of Arms appears to the left of the portrait. The bank name and denomination inscriptions are arranged along the upper and lower margins. |
|---|---|
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| Protection type | Watermark |
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| Comments |
By 1972, Angola was three years into a sustained independence war that had begun in 1961, and Banco de Angola — technically a private institution under Portuguese metropolitan control — was still issuing notes designed and printed in London as if the colonial arrangement were permanent. This series, produced by Thomas De La Rue, was part of a broader currency continuity effort that would be overtaken by events: independence came in 1975, and the escudo was replaced by the kwanza almost immediately.
The P#100 series is not rare in circulated grades, but truly uncirculated examples are harder to locate than their relatively late date suggests — wartime disruption to banking infrastructure meant notes passed through more hands more quickly than peacetime economics would have produced.