Catalog
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| Issuer | Banco Nacional Ultramarino |
|---|---|
| Year | 1922 |
| Type | Log in to see details |
| Value | 1000 Reis |
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| Obverse description | The obverse carries the issuing bank seal at right and the arms of Portugal at upper right, printed in black. A bold black letterpress overprint reading 'Emissão Chamiço' is applied across the face of the underlying P#4b note. The overall layout retains the original intaglio-printed text and guilloche underprint of the base note. |
|---|---|
| Obverse lettering | BANCO NACIONAL ULTRAMARINO O THESOUREIRO DA FILIAL EM S. THIAGO PAGARÁ Á VISTA AO PORTADOR MIL RÉIS EM MOEDA CORRENTE VALOR RECEBIDO EMISSÃO CHAMIÇO LISBOA. 1 de MARÇO de 1909. (Translation: National Bank Overseas The Treasurer of the Agency of St. Thiago Pay in cash by carrier Thousand Reis in currency Amount received Chamiço Issue Lisbon, March 1st, 1909.) |
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| Comments |
Banco Nacional Ultramarino's practice of overprinting surplus stock from earlier issues was a recurring cost-saving measure across its colonial territories, and this 1922 overprint on P#4b is a direct product of that approach. The base note predates the overprint by several years; the 1000 Reis denomination was stamped onto existing printed stock rather than commissioning a new design from Bradbury Wilkinson, whose original plates remained in use throughout the series.
Reis denominations were already becoming administratively awkward by 1922, with the escudo system having been established for Portugal proper in 1911, though colonial monetary alignment lagged considerably behind the metropole.