1 Centavo Vagos

Vagos is a small municipality in the Aveiro district of central Portugal, and like dozens of similarly minor councils, it issued its own emergency cédulas during the acute coin shortage that gripped Portugal from roughly 1917 onward. The national government's failure to maintain adequate fractional coinage in circulation forced municipal chambers across the country to print local paper substitutes — legally tolerated but never formally authorized at the national level.

The Mafra catalogue reference places this among the rarer municipal issues. Small-council cédulas from interior and coastal Beira Litoral towns were printed in short runs and redeemed quickly, leaving little behind.