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Collection - Coins and Notes - Diário de Notícias #60 500 Escudos

Issuer Banco de Portugal
Year 1928
Type Replica banknote
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Obverse description Rose-pink intaglio note with guilloche underprint; left vignette shows the Palácio Nacional da Pena or similar castellated monument, while a portrait of the Duque de Palmela occupies the right. Denomination numerals "500" appear in each upper corner, with the date "Lisboa, 4 de Abril de 1928" in script. A perforated SPECIMEN overprint is applied across the signature area.
Obverse lettering BANCO DE PORTUGAL
QUINHENTOS ESCUDOS
OURO
Lisboa 4 de Abril de 1928
SPECIMEN
O GOVERNADOR
O DIRECTOR
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Comments

Pick 147 belongs to a short-lived series issued by Banco de Portugal in the late 1920s, a period when the escudo was under severe pressure following Portugal's post-war fiscal disarray and the ultimately failed stabilization attempts before Salazar's financial reorganization took hold after 1928. The 500 escudo denomination was substantial — well beyond everyday wages — meaning circulation was largely confined to commercial transactions, and genuinely worn examples are correspondingly uncommon.

The "Diário de Notícias #60" designation is a collection reference tied to a newspaper-issued collectors' series, not an original Banco de Portugal classification.

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