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Collection - Coins and Notes - Diário de Notícias #57 20 Escudos
| Issuer | Banco de Portugal |
|---|---|
| Year | 1925 |
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| Composition | Log in to see details |
| Size | 136 x 84 mm |
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|---|---|
| Obverse lettering | BANCO DE PORTUGAL LISBOA 13 de Janeiro de 1925 VINTE ESCUDOS OURO |
| Reverse description | Rose-red intaglio design centred on the Portuguese royal coat of arms within an elaborate laurel wreath, surmounted by an arched BANCO DE PORTUGAL legend in bold letterpress. Denomination numerals 20 appear at all four corners within ornate scrollwork cartouches. |
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| Comments |
Pick 116 belongs to a Banco de Portugal series that ran through the mid-1920s, a period when Portugal's public finances were in near-constant crisis following the costs of participation in the First World War and a succession of unstable republican governments. The escudo itself had only replaced the real in 1911, and chronic inflation meant that a 20 escudo note still carried meaningful purchasing power in 1925 — but not for long.
The "Diário de Notícias #57" designation indicates this is a collector reissue produced in association with the Lisbon newspaper, part of a numbered series distributed with print runs of the paper — not a circulated specimen from 1925.