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5000 Reis

Issuer Banco Nacional Ultramarino
Year 1909
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Composition Paper
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Reverse description Printed in green. A large central medallion vignette, framed by the bank name in a circular legend and surrounded by an intricate guilloche border, contains an allegorical female figure seated before a sailing ship. Numeral "5" counters appear in the left and right guilloche panels, and the printer's imprint is set along the bottom margin. The branch payability inscription is printed in red at the top.
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Variants P#9a - seal with text "Filial em S. Thomé"
P#9b - seal with text "Colonias, Commercio, Agricultura"
Comments

Banco Nacional Ultramarino was a Lisbon-based institution with a colonial mandate — it held note-issuing rights across Portuguese overseas territories, and by 1909 was producing currency for multiple distinct administrations simultaneously. This particular note was for metropolitan Portugal's purposes rather than the colonies, an arrangement that made BNU's position constitutionally unusual: a private bank holding monopoly issuance rights in a country still nominally a constitutional monarchy, barely a year before the 1910 republican revolution would force a fundamental renegotiation of those privileges.

Bradbury Wilkinson's involvement places the printing firmly in London's New Malden works.