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50 Mil Reis
| Issuer | Banco Industrial do Porto |
|---|---|
| Year | |
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| Shape | Rectangular |
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| Obverse description | The obverse is printed in brown and ochre tones on cream paper, with the bank title BANCO INDUSTRIAL DO PORTO in bold letterpress across the upper register. A central vignette in a rectangular frame depicts a pastoral or landscape scene, flanked by serial numbers '00305' on either side. The denomination Rs 50$000 appears in large ornate script at the lower left, with diagonal guilloche bands crossing the note body and corner medallions bearing the numeral '50'; the text CINQUENTA MIL REIS runs along all four borders. |
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| Obverse lettering | BANCO INDUSTRIAL DO PORTO CINQUENTA MIL-REIS BANCO INDUSTRIAL DO PORTO SOCIEDADE ANONYMA PORTO PRATA OU OURO CINQUENTA MIL REIS Rs 50$000 valor recebido PRESIDENTE DO CONSELHO FISCAL OS GERENTES |
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| Comments |
The Banco Industrial do Porto was a regional commercial bank operating out of Porto — not a central authority — which makes its note-issuing activity an artifact of Portugal's fragmented pre-central-bank banking period, when numerous provincial institutions held the right to circulate paper. This 50 Mil Reis belongs to that contested landscape of competing private issuers whose notes rarely traveled far beyond their home region and were often refused or discounted outside of it.
Pick 183 is sparsely documented, and surviving examples are genuinely uncommon — the bank's note-issuing history is not well catalogued in secondary literature, which makes provenance records where they exist more useful than usual.