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5000 Réis 3rd. print
| Issuer | Banco de Portugal |
|---|---|
| Year | 1891-1892 |
| Type | Log in to see details |
| Value | 5000 Réis |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO DE PORTUGAL CINCO MIL RÉIS PRATA LISBOA, 15 DE JUNHO DE 1892 O DIRECTOR O GOVERNADOR (Translation: Bank of Portugal Five Thousand Reis Silver Lisbon, 15 June 1892 The Director The Governor) |
| Reverse description | Uniform brown letterpress print on plain paper. A large central oval guilloche vignette, lightly printed, occupies the middle of the note, surrounded by an ornamental frame. The denomination "5$000" appears diagonally in large lettering at upper left and lower right, with the word "PRATA" repeated diagonally at upper right and lower left. A rectangular cartouche at the foot of the note bears the inscription "5$000 REIS", and a further "PRATA" cartouche is centred at the top within a decorative border running the full perimeter. |
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| Comments |
The 1891–1892 dating on this note is inseparable from Portugal's financial catastrophe of that period. The government effectively declared a partial debt moratorium in January 1892, and Banco de Portugal was simultaneously scrambling to expand the note-issuing capacity that had been constrained by earlier convertibility commitments. A third printing of an existing plate was a practical answer to urgent demand — not a planned series extension.
Pick 70 collectors should note that distinguishing this print from the first and second runs requires attention to signature combinations, which changed as successive government administrations cycled through the treasury during the crisis years.