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Collection - Coins and Notes - Diário de Notícias #59 20 Escudos

Issuer Banco de Portugal
Year 1941
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Size 131 x 73 mm
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Obverse lettering BANCO DE PORTUGAL
VINTE ESCUDOS
OURO
LISBOA 28 DE JANEIRO DE 1941
SPECIMEN
Reverse description Teal and pink note divided into three vertical panels: a dark teal panel at left bearing the large numeral '20', a central oval vignette of a seated allegorical figure with rays and the bank seal legend, and a blank lighter panel at right. Denomination '20' appears in all four corners with guilloche latticework throughout.
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Comments

Pick 153 was issued under the Estado Novo regime at a moment when wartime neutrality had made Portugal an unlikely financial crossroads — Lisbon was flooded with refugees, spies, and hard currency, yet the domestic economy remained tightly controlled. The 20 Escudo denomination sat at a working-class level of daily exchange, and notes from this series circulated heavily enough that high-grade survivors are genuinely uncommon.

The "Diário de Notícias #59" designation identifies this as a collector reissue packaged with the Lisbon newspaper's numismatic series — the note itself is original, not a reproduction.

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