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500 Escudos
| Issuer | Banco Nacional Ultramarino |
|---|---|
| Year | 1941 |
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| Composition | Log in to see details |
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| Reference(s) | P#78 |
| Obverse description | Portrait vignette of António Ennes at left within an ornate intaglio frame, with a circular medallion vignette at right enclosing a sailing ship, and the colonial arms at upper centre. The note bears the date 'Lisboa, 1 de Novembro de 1941' and decree reference 'Decreto Nº 17.154', with two manuscript signatures below the denomination. Fine guilloche underprint covers the field in the characteristic purple tones of the issue. |
|---|---|
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| Reverse lettering | PAGAVEL NA COLONIA DE MOÇAMBIQUE BANCO NACIONAL ULTRAMARINO |
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| Comments |
Banco Nacional Ultramarino occupied an unusual position in Portuguese colonial finance — it held note-issuing rights across multiple overseas territories simultaneously, and the same printer, Bradbury Wilkinson, produced notes for several of those territories under broadly similar mandates. Distinguishing which plates and design elements were shared across issues is a known complication for specialists working this series.
The 1941 date places this note squarely in wartime, though Portugal's neutrality meant colonial financial operations continued without the disruptions affecting most European issuers. High-denomination notes of this period from BNU territories tend to survive in smaller numbers simply because they saw limited retail circulation.