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Collection - Coins and Notes - Diário de Notícias #74 2 Centavos Notgeld

Issuer Câmara Municipal de Vila Real de Santo António
Year 1922
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Composition Paper
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Obverse lettering CÂMARA MUNICIPAL DE VILA REAL DE S. ANTONIO
VALE 2 Centavos
Reverse description Red-orange letterpress vignette of the main square of Vila Real de Santo António, centred on the Marquês de Pombal obelisk with the neoclassical town hall arcade beyond. An arched cartouche frames the authorization legend at top, and a geometric guilloche border with municipal coat-of-arms runs along the lower margin.
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Comments

Vila Real de Santo António's municipal chamber issued these small-denomination cédulas in the early 1920s to address a chronic shortage of low-value coinage that plagued much of Portugal during the postwar period. The Republic's centavo coins, introduced after 1910, were minted in insufficient quantities to meet everyday retail demand, pushing dozens of municipalities and private businesses to print their own emergency paper substitutes.

The Diário de Notícias connection is the unusual detail here — this note was part of a promotional series issued in collaboration with, or distributed through, the Lisbon newspaper, an arrangement that appears across several Portuguese municipal cédulas of this type. Whether the newspaper subsidized production or simply acted as distributor is not firmly established.

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