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100 Escudos

Issuer Banco Nacional Ultramarino
Year 1909
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Currency Pataca (1894-date)
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Obverse description Black overprint of the new denomination 'CEM ESCUDOS' applied over the P#45 1 Libra Sterling note dated Lisboa, 1 de Março de 1909. The underlying note carries the bank title 'BANCO NACIONAL ULTRAMARINO' across the top, a circular steamship vignette at right, and the branch inscription 'LOURENCO MARQUES'. Decree no. 17.154 authorises the provisional Escudo conversion, with two manuscript signatures below.
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Reverse lettering CEM ESCUDOS
LOURENÇO MARQUES
BRADBURY WILKINSON AND COMPANY LIMITED
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Banco Nacional Ultramarino was the Portuguese colonial bank of issue, with note-issuing authority across a sprawling network of territories including Mozambique, Angola, Timor, and Portuguese India. A single series could circulate across multiple territories depending on the overprint applied — or none at all, if issued for metropolitan Portuguese use. The P#72A designation places this within a defined print run, though Bradbury Wilkinson produced notes for BNU across several overlapping contracts during this period, making precise attribution of individual impressions genuinely difficult.

1909 sits just two years before the fall of the Portuguese monarchy. Fiscal confidence in Lisbon was already strained.

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