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Collection - Coins and Notes - Diário de Notícias #25 50 000 Reis
| Issuer | Banco de Guimarães |
|---|---|
| Year | 1873 |
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| Composition | Paper |
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| Obverse description | Letterpress-printed note with an elaborate oval vignette on the left bearing the arms of Guimarães within fine guilloche scrollwork and the date 1872. The central field carries the bold intaglio legend CINQUENTA MIL REIS on a solid panel, above a promise-to-pay text and a lozenge-shaped underprint with the numeral 50. Three manuscript signatures appear at lower right under the heading A GERENCIA. |
|---|---|
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| Reverse description | The reverse is essentially plain, showing only faint bleed-through of the obverse design and the serial number counters visible at upper left and upper right, with no substantive printed design elements. |
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| Comments |
The Banco de Guimarães was one of several provincial Portuguese banks authorized to issue notes under the 1867 banking reforms — a deliberate decentralization that lasted only until Lisbon's political appetite for consolidation reasserted itself. By the 1890s, most provincial issuing banks had been absorbed or wound up, and their paper had been retired. Surviving Banco de Guimarães notes are genuinely scarce, not by collector accident but by historical arithmetic: low original circulation volumes, aggressive redemption campaigns, and the sheer indifference of provincial commerce to preserving paper.
The 50,000 Réis denomination places this at the upper end of practical commercial use — not petty cash, but merchant and inter-bank settlement territory.