Catalog
8 Tangas without counterfoil
| Issuer | Banco Nacional Ultramarino |
|---|---|
| Year | 1917 |
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| Reference(s) | P#20.1 |
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|---|---|
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| Reverse description | Dark-green intaglio print on pink underprint, with a central vignette of a maiden gazing towards sailing ships. The numeral of value appears on both lateral panels within elaborate embroidered guilloche cartouches. |
| Reverse lettering | BANCO NACIONAL ULTRAMARINO 8 TANGAS (Translation: National Bank Overseas 8 Tangas) |
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| Comments |
The tanga was a Portuguese colonial monetary unit equal to one-sixteenth of a rupia, making this an odd mid-denomination note likely issued to address acute small-change shortages that plagued Goa's commercial economy during the First World War, when silver coin exports drained local circulation. Bradbury Wilkinson printed it in London — standard practice for Portuguese colonial paper throughout this period.
The "without counterfoil" distinction in the Pick reference indicates a later or separate print run from the counterfoil-attached version (P#20), though both circulated in the same colony. Goa would not see a proper monetary reform until the Estado Novo era consolidations of the 1930s.