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1 Escudo
| Issuer | Banco Nacional Ultramarino |
|---|---|
| Year | 1921 |
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| Composition | Log in to see details |
| Size | 130 × 82 mm |
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| Obverse description | Green on multicolour underprint. Portrait of Francisco de Oliveira Chamiço at left, the Portuguese Coat of Arms at lower centre, and the bank seal at right. Two overprinted inscriptions reading S. TOMÉ e PRÍNCIPE in red. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Printed in green. A central vignette shows a female allegorical figure with sailing ships in the background. A red overprinted inscription reading S. TOMÉ e PRÍNCIPE appears on the face of the design. |
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| Comments |
Banco Nacional Ultramarino's 1 Escudo of 1921 was issued for Portuguese Guinea — a territory where the escudo had only recently replaced the mil-réis system following the metropolitan currency reforms that reshaped Portugal's colonial monetary framework after 1910. Bradbury, Wilkinson produced the plate work in London, as they did for much of BNU's colonial output during this period, giving the note a technical finish well above what the denomination's purchasing power might suggest.
The low face value meant heavy circulation wear was the norm, and surviving examples in decent condition are harder to locate than the pick number implies.