Catalog
See full images - free registration
Continue with Google - no registration!
or register with email
Why register? Just to keep bots out of our catalog. Your email stays private - we will never share it or send you anything uninvited. We guarantee you that!
50 Escudos
| Issuer | Banco Nacional Ultramarino |
|---|---|
| Year | 1921 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | P#37 |
| Obverse description | Red on multicolour underprint. Portrait of Francisco de Oliveira Chamiço at left, the Portuguese Coat of Arms at lower centre, and the bank seal at right, all set within an intricate guilloche border. Denomination and issuing authority inscriptions appear in intaglio lettering throughout the design. |
|---|---|
| Obverse lettering | BANCO NACIONAL ULTRAMARINO PROVÍNCIA DE CABO VERDE CINCOENTA ESCUDOS PAGÁVEL NAS DEPENDÊNCIAS DA PROVÍNCIA DE CABO VERDE LISBOA, I de Janeiro de 1921. BRADBURY, WILKINSON & Co. Ld. GRAVADORES, LONDRES (Translation: National Bank Overseas Province of Cape Verde Fifty Escudos Payable at the premises of the Province of Cape Verde Lisbon, January 1st, 1921. Bradbury, Wilkinson & Co. Ltd. Engravers, London) |
| Reverse description | Log in to see details |
| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Log in to see details |
| Variants | Log in to see details |
| Comments |
Banco Nacional Ultramarino occupied an unusual position in Portuguese colonial finance — it held the note-issuing monopoly not just for one territory but across multiple overseas possessions simultaneously, a commercial banking concession that generated persistent friction with Lisbon throughout the early twentieth century. This 1921 issue was printed by Bradbury Wilkinson at their New Malden works, a firm whose intaglio security printing was considered among the most technically reliable available to smaller issuing authorities at the time.
The early 1920s were difficult for BNU's balance sheet. Portuguese colonial trade had been severely disrupted by the First World War, and inflation on the mainland was eroding confidence in escudo-denominated instruments across the overseas territories.