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50 Rupias
| Issuer | Banco Nacional Ultramarino |
|---|---|
| Year | 1938 |
| Type | Log in to see details |
| Value | 50 Rupias |
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| Composition | Log in to see details |
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| Engraver(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | Printed in dark blue, the reverse is dominated by an intaglio vignette of a Portuguese caravel under full sail set within an ornate guilloche frame at center. The denomination numeral "50" appears in boxed cartouches at left and right, surrounded by intricate lathe-work rosette patterns, with the bank name split between the top and bottom scroll banners. The printer's imprint "THOMAS DE LA RUE & COY LTD GRAVADORES, LONDRES" appears in small text at the bottom margin. |
| Reverse lettering | BANCO NACIONAL 50 ULTRAMARINO (Translation: National Bank Overseas 50) |
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| Comments |
Banco Nacional Ultramarino issued this note for Portuguese India — the Estado da India territory centered on Goa, Daman, and Diu — where the Rupia served as the distinct local currency rather than the metropolitan Escudo. Thomas De La Rue printed the series in London, as they did for most Portuguese colonial issues of this period, and the 1938 date places it squarely in the Salazar-era rationalisation of Portuguese overseas banking administration.
Pick 34 is notably scarcer than the higher-denomination notes of the same series, likely because the 50 Rupias circulated harder and longer in daily trade.