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| Issuer | Banco de Portugal |
|---|---|
| Year | 1890 |
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| Value | 5000 Réis |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO DE PORTUGAL A DIRECÇÃO DO BANCO DE PORTUGAL PAGARÁ À VISTA AO PORTADOR EM MOEDA DE PRATA VALOR RECEBIDO CINCO MIL RÉIS Lisboa 8 de Novembro de 1890 (Translation: Bank of Portugal The Management of the Bank of Portugal Will pay in cash to the bearer In Silver coin value received Five Thousand Reis Lisbon, November 8, 1890) |
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| Reverse lettering | BANCO DE PORTUGAL CINCO MIL RÉIS (Translation: Bank of Portugal Five Thousand Reis) |
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| Comments |
The 1890 date places this note squarely in the most turbulent financial year in late nineteenth-century Portugal. The Banco de Portugal was under severe strain — the government's fiscal crisis that year forced the bank into extraordinary measures, including emergency note issues and a suspension of convertibility that would not be fully resolved for years. The "2nd. print" designation matters here: it reflects a repeat print run ordered under duress, not a routine replenishment.
Pick 69 is underrepresented in major collections, partly because Portuguese provincial hoarding patterns were erratic during the crisis period and survival rates across print runs differ noticeably.