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Collection - Coins and Notes - Diário de Notícias #72 2 Centavos Notgeld
| Issuer | Câmara Municipal de Braga |
|---|---|
| Year | 1920 |
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| Composition | Paper |
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| Obverse description | Red-toned note with a vignette of a Gothic arch and cityscape at left, likely the Bom Jesus sanctuary stairway. To the right, the issuer title 'CÂMARA MUNICIPAL DE BRAGA' appears above the denomination numeral '2' within a decorative frame, with the date 14-2-20, serial number, and manuscript signatures of the treasurer and president below. |
|---|---|
| Obverse lettering | CÂMARA MUNICIPAL DE BRAGA VALE 2 CENTAVOS 14-2-20 |
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| Comments |
Braga's municipal chamber issued this 2 centavos emergency note in 1920 as part of a nationwide response to a catastrophic shortage of low-denomination coinage that had been building since the early years of the Republic. The Portuguese mint simply could not keep fractional coin in circulation — bronze and copper were hoarded, worn to illegibility, or simply absent from trade. Municipalities, businesses, and even some parishes stepped in with their own paper substitutes, a phenomenon that peaked between 1918 and 1922.
The "Diário de Notícias" collection reference indicates this piece was distributed as part of a newspaper-sponsored collector series decades after original issue — meaning many surviving examples were never actually tendered for goods.