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Collection - Coins and Notes - Diário de Notícias #41 5 Escudos
| Issuer | Banco de Portugal |
|---|---|
| Year | 1913 |
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| Composition | Log in to see details |
| Size | 137 x 80 mm |
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| Obverse description | Printed in rose-purple tones, the obverse centres on an oval portrait vignette of historian Alexandre Herculano, flanked by a seated allegorical female figure at left holding a laurel wreath. Denomination numeral '5' appears in heart-shaped cartouches at upper corners, with guilloche underprint below the central panel bearing the inscriptions CINCO ESCUDOS and OURO. Perforated SPECIMEN overprint runs across the lower portion. |
|---|---|
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| Reverse lettering | BANCO DE PORTUGAL 5 CINCO ESCUDOS SPECIMEN |
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| Comments |
The Banco de Portugal's 5 Escudos note of 1913 appeared in the immediate aftermath of the republican revolution of October 1910, which overthrew the monarchy and triggered a prolonged reorganization of state finances. The young republic inherited a central bank whose note-issuing arrangements were closely tied to the old regime, and renegotiating that relationship consumed years of political capital before stable new series could be authorized and printed.
P#107 was printed domestically in Lisbon — unusual for Portuguese issues of this period, when foreign security printers dominated the market.