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5 Mil Reis
| Issuer | Banco de Portugal |
|---|---|
| Year | 1905 |
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| Value | 5000 Réis |
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| Composition | Log in to see details |
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| Obverse description | Printed in black, green, and brown over a multicolour underprint, this note is an overprint on the Portuguese mainland issue (P#83) with distinct colour variations. Intricate guilloche borders frame a central vignette of an allegorical female figure flanked by two allegorical male figures representing the rivers Tejo and Douro, with a watermark window at right. Serial numbers are placed at upper left and lower right. |
|---|---|
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| Protection type | Watermark |
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| Comments |
Banco de Portugal printed its own notes in-house at the Estamparia from the 1880s onward, giving the bank direct control over production at a time when most peripheral European issuers still contracted to London or Paris firms. The 1905 series falls within that self-sufficient period, though the in-house facility was not always consistent in ink density across print runs — a known variation collectors encounter with this type.
The 5 Mil Reis denomination sat at a practical mid-range value during Portugal's Bimetallic period, before the monetary turbulence that preceded the 1910 republic. Pick #9 is among the scarcer surviving pieces from this printer, largely because redemption rates were high.