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500 Escudos

Issuer Banco Nacional Ultramarino
Year 1963
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Value 500 Escudos (500 TPE)
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Reverse description At left, a circular guilloche vignette encloses a sailing ship with the Banco Nacional Ultramarino seal inscription. Centre field bears the Portuguese colonial arms of Timor in full heraldic rendering. The denomination "Quinhentos Escudos" is lettered in bold across the lower central area, with the numeral 500 repeated at lower left and right corners against a fine lilac and rose guilloche background.
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Signature(s) Luís Pereira Coutinho & Francisco José Vieira Machado
António Julio de Castro Fernandes & Francisco José Vieira Machado
Gastão Bessone Basto & Francisco José Vieira Machado
Abel Beja Corte Real & Francisco José Vieira Machado
José Guerreiro Murta & Francisco José Vieira Machado
Pedro de Mascarenhas Gaivão & Francisco José Vieira Machado
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Comments

The Banco Nacional Ultramarino was Mozambique's note-issuing authority throughout the colonial period, and by 1963 it was printing high-denomination notes against a backdrop of mounting armed resistance — FRELIMO launched its insurgency the following year. Six different signature combinations are recorded for this Pick 29 series, an unusually high number that reflects the administrative turbulence of the late colonial administration rather than any deliberate policy of frequent rotation.

Bradbury Wilkinson's New Malden facility was the go-to printer for colonial currency throughout the British and Portuguese empires alike — a useful irony given the political tensions of the period.

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