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10 Escudos

Issuer Banco Nacional Ultramarino
Year 1921
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Reference(s) P#58
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Reverse description Central oval vignette of a seated allegorical female figure with a sailing ship visible in the distance, enclosed within an elaborate guilloche surround. The denomination numeral "10" appears in panels to the left and right of the central vignette, with the bank title arching around the oval border. The payability inscription is printed in red at the top of the note.
Reverse lettering PAGAVEL NAS DEPENDENCIAS DA PROVINCIA DE ANGOLA 10 BANCO NACIONAL ULTRAMARINO 10
(Translation: Payable on the premises of the province of Angola, National Overseas Bank)
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Comments

Banco Nacional Ultramarino served as the note-issuing authority across Portugal's overseas territories, and this 1921 issue was one of several denominations produced by Bradbury Wilkinson for the metropolitan Portuguese escudo system rather than any specific colonial branch — though BNU's remit at the time stretched from Mozambique to Macau. The precise territory of intended circulation for P#58 warrants attention; BNU issued near-identical series for different provinces, and misattribution in collections is common.

Bradbury Wilkinson's intaglio work from this period is technically consistent, and the paper quality tends to hold up reasonably well, but BNU notes from the early 1920s frequently show evidence of prolonged tropical storage — foxing, tide lines, and brittleness at the folds are characteristic problems for the series rather than signs of unusual mishandling.

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